The share price of Adapt IT jumped by more than 18% in intraday trading on Monday following Huge Group’s unexpected decision on Friday to dramatically up its offer to buy the JSE-listed software services group.
Browsing: News
All the latest technology news from South Africa and around the world.
Eskom will implement rolling blackouts nationwide at stage 2 from 4pm on Monday, the state-owned utility said in a statement.
Cedric Miller, the chief financial officer at JSE-listed technology group Altron, has resigned. He will leave on 30 June, Altron told investors.
The City of Johannesburg plans to take over electricity distribution in part of the city from Eskom, a move that will be very costly for business, the Association of South African Chambers has warned.
President Cyril Ramaphosa extended a nighttime curfew and reduced the permissible size of public gatherings to contain the spread of the coronavirus after a surge in infections.
Apple is readying a revamp of its entry-level AirPods for this year and a second generation of the AirPods Pro for next year, according to people with knowledge of the matter.
Huge Group, it seems, doesn’t give up without a fight. The telecommunications specialist has dramatically increased its all-share offer for Adapt IT.
Bitcoin slumped on Friday to its lowest this week, taking losses sparked by a growing crackdown in China and environmental concerns to almost 40% so far this month.
Acting minister in the presidency Khumbudzo Ntshavheni said during a post-cabinet meeting media briefing on Thursday that a decision on the future of e-tolls has not yet been taken by cabinet.
Openview, the free-to-air satellite platform in the eMedia Holdings stable, has increased the number of activations of its set-top boxes by more than 18% in the past year.