An independent expert appointed by Adapt IT has recommended that shareholders reject the unsolicited all-share offer by Huge Group, saying it undervalues the software services group.
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Creditors remain in the dark as CNA battles to avoid business rescue.
MTN South Africa has cut the effective price of prepaid data and voice calls with amendments to its EverydayGigs plan and by introducing a new plan called EverydayTalk.
Technology group Altron on Monday reported full-year headline earnings per share that fell 18% on revenue that was flat at R7.4-billion.
Eskom has implemented rolling blackouts with immediate effect. The stage-2 load shedding will last until Tuesday night, the state-owned utility said in a statement at 5pm on Sunday.
The Information Regulator is consulting lawyers about Facebook-owned WhatsApp’s new privacy policy and warned it is considering litigation.
South Africa’s Small Business Development Agency has fallen victim to ransomware attackers, who have crippled its systems, according to a source with knowledge of the situation.
Safaricom of Kenya is holding talks with Amazon.com about the use of mobile money service M-Pesa on the e-commerce giant’s platform.
The Ombudsman for Banking Services’ annual report reveals that it opened 7 717 formal cases in 2020 – a new record. That’s a 19% increase on the prior year, despite the Covid-19 lockdown.
Kenya’s Safaricom posted a drop in its full-year core earnings as the impact of Covid-19 cut revenue from financial services and calls, though it predicted a recovery based on second-half numbers.