Remgro-controlled CIVH, which ultimately owns Vumatel and Dark Fibre Africa, through Maziv, has swung to a loss.
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These are the articles that caught the attention of TechCentral’s editorial team in the past 24 hours.
Consumer confidence recovered further in the third quarter to its best since 2019.
JSE- and Nasdaq-listed Lesaka Technologies has grown full-year revenue by 11% to R10.6-billion.
Shares in Mustek fell by more than 10% after the technology distributor warned of a steep decline in full-year earnings.
South African business sentiment has risen to an almost two-year high, underpinned by the end of load shedding.
President Cyril Ramaphosa told China’s Xi Jinping on Monday he wanted to narrow South Africa’s trade deficit with Beijing.
The rand strengthened to a 13-month high on Friday, supported by improved investor sentiment.
Nvidia’s quarterly forecast on Wednesday failed to meet lofty expectations of investors.
President Cyril Ramaphosa said the unity government is forging closer ties with business, with positive spin-offs for the country.