Huge Group has launched a takeover bid for fellow JSE-listed technology company Adapt IT. The all-share bid, at an offer price of R5.52/share, does not enjoy the explicit support of Adapt IT’s board.
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MTN South Africa has become the second telecommunications operator to take the industry regulator, Icasa, to court over the upcoming spectrum auction.
Vodafone Group is considering options for its Ghana business as it focuses on reorganising the group and paying down debt, according to people familiar with the matter.
It could cost South Africa between R20-billion and R24-billion to vaccinate around 40 million people against Covid-19, treasury director-general Dondo Mogajane said on Wednesday.
The government of Eswatini has backed out of its pledge, made less than two weeks ago, to join the US’s anti-China “Clean Network” programme.
The Financial Sector Conduct Authority wants more power to prosecute perpetrators of fraud and oversee dealing in cryptocurrencies after the collapse of a bitcoin trader.
South Africa plans to launch three procurement rounds for 6.8GW of renewable energy over the next year, as well as a combined 5GWW of new coal, gas and storage, a presentation by the ANC showed.
Bitcoin’s price could exceed $50 000 over the longer term as the digital asset vies with gold for investment flows, according to cryptocurrency exchange Luno and brokerage OSL.
The South African Revenue Service has published its very own Web browser, with support for Adobe Flash, to allow e-filing taxpapers to continue submitting their tax forms electronically.
JSE-listed telecommunications specialist Huge Group has applied to list on the London Stock Exchange’s Alternative Investment Market, it said on Monday.