Altron has decided to move ahead with the planned listing of its Bytes UK subsidiary on the London Stock Exchange in an effort to unlock value for shareholders.
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Hedge funds have pulled back from one of the biggest short positions in US tech stocks in over a decade, in a near-record buying spree of Nasdaq futures last week.
President Cyril Ramaphosa on Thursday unveiled a plan to revive the economy, with job creation, increased infrastructure investment, enhanced energy security and more local manufacturing among its key tenets.
Five hours after TechCentral broke the news on Tuesday morning that JSE-listed Alviva Holdings is in talks to buy rival Tarsus, the company has confirmed a deal is in the offing.
BriteGaze, the artificial intelligence venture launched by former Liquid Telecom South Africa CEO Reshaad Sha, said on Monday that it has completed a feasibility study for the launch of BriteGaze Fund One.
Tesla’s upcoming quarterly report could put another US$3-billion in CEO Elon Musk’s pocket. That’s R50-billion at the time of writing.
It’s finally here. After an investigation that lasted more than a year, a US house antitrust subcommittee has come up with a robust game plan to rein in the biggest tech giants.
The measure of the business climate in 2020 remained well below the 2019 average, at 84.3 index points compared to an average of 92.6 in the first nine months of last year.
Caught off guard by Tencent’s record-breaking rally earlier this year, Hong Kong’s stock investors are getting well prepared for the next one.
South African private sector activity showed a softer decline in September as an easing of lockdown restrictions boosted business activity and new sales, a survey showed on Monday.