Crypto exchange iCE3 said it had been “advised to initiate liquidation proceedings” after suspending all trading on the exchange in March following the discovery of account discrepancies.
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Shares of Tencent Holdings dropped in Hong Kong after Naspers unit Prosus priced its placement of the Chinese Internet giant’s stock at the top end of a marketed range, raising $14.7-billion.
Absa Group said on Thursday that it is launching a skills incubator in partnership with Amazon Web Services to train employees in cloud computing skills.
An oil blending and storage company secured deals to supply Eskom with fuel oil worth more than R15-billion at inflated prices by paying inducements, including donations to the ANC, an investigation has found.
Huge Group’s effort to acquire Adapt IT appears to be dead in the water. This is after Canada’s Volaris Group offered shareholders R6.50/share in cash on Wednesday for the JSE-listed software services group.
Naspers spin-off, technology investment company Prosus, plans to sell a 2% stake in China’s Tencent, worth about R218-billion at current prices, in an accelerated offering to institutional investors.
More than 40% of victims of ransomware attacks in South Africa pay the cybercriminals responsible to try to secure or recover their data. But in many cases, the crooks simply disappear with the money.
Africa Data Centres, the carrier-neutral data centre company in the Liquid Intelligent Technologies stable, has announced plans to build a 10MW facility in Nigeria’s largest city, Lagos.
A key funder of South Africa’s renewable energy drive is backing natural gas as the fuel needed to help the country bridge the transition from coal power generation to the use of wind and solar.
Eskom said on Monday that it has put “contingency measures” in place to reduce the risk of its reliance on software from US technology firm Oracle, with which it is in a contractual dispute.