In a world of sputtering growth for technology companies, some investors are gravitating towards Microsoft as the closest thing to a safe bet.
South Africa’s headline consumer inflation quickened more than forecast to 7.4% year on year in June, surging to a 13-year high.
Apple is the latest major technology company to rein in hiring and spending plans over fears about a US recession in the coming months.
Strive Masiyiwa plans to raise as much as $500-million to expand his digital infrastructure and services businesses.
The valuation pullback in recent months is likely to create some excellent buying opportunities in tech, writes Anchor Capital’s James Bennett.
While a string of local tech start-ups were snapped up in 2021, many were acquired for significantly less than the blockbuster exits of years gone by.
Mustek has appointed Neels Coetzee as divisional MD of Mustek, replacing Hein Engelbrecht in the role.
The board of JSE-listed technology group Mustek has appointed Hein Engelbrecht as its new CEO with immediate effect.
Shares in Alviva Holdings leapt higher on Thursday after the group received an offer from a black-led consortium to buy it out.
JSE-listed Datatec has agreed to sell its Analysys Mason business for as much as £210-million, with the proceeds to flow directly to the group’s shareholders.