Huge Group’s efforts to acquire software services group Adapt IT appears to be all over bar the shouting. This after shareholders representing just 1.9% of Adapt IT shares accepted its offer.
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JSE-listed technology group Altron has made several changes to its board, including appointing a new chairman and a new executive director who will also serve as chief financial officer.
Margin pressure is forcing BCX, the IT services business in the Telkom stable, to think more creatively about new revenue opportunities, according to its CEO, Jonas Bogoshi.
Business software maker Salesforce.com has closed its purchase of Slack Technologies, a massive bet that Slack’s workplace app will become popular for collaborations within and between companies.
The news this week that the State IT Agency is pressuring national treasury to ban government from doing business with JSE-listed IT services group EOH Holdings makes no sense.
EOH Holdings could soon be blacklisted by from doing business with government – if the State IT Agency (Sita) gets its way. This follows the public sector corruption scandals uncovered at the group in recent years.
EOH said on Tuesday that the civil suits against several of its former directors mark a “significant milestone” in holding those responsible for the governance failings that took place at EOH accountable.
Exclusive | EOH Holdings is suing its co-founder and former CEO, Asher Bohbot, and its former chief financial officer, John King, for R1.7-billion in damages each. It is also pursuing several other former executives.
Dimension Data’s newly appointed CEO, Werner Kapp, said the company’s parent, NTT, sees Africa and the Middle East as ripe with potential.
Dimension Data is near to concluding a deal to sell Internet service provider Mweb, but has taken the sale of another business it has deemed non-core, Merchants, off the table for now.