Software services group Adapt IT on Monday published full-year financial results to 30 June 2020 that showed remarkable resilience in the face of the Covid-19 pandemic and lockdown.
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Altron shares rallied more than 20% on Thursday after the technology services group reported solid interim results despite the Covid-19 pandemic and said it was proceeding with plans to list its Bytes UK business.
EOH Holdings expects to lose less money in the financial year ended 31 July 2020 compared to a year ago as the IT services group makes headway in cleaning up “legacy” issues.
Telkom-owned IT services company BCX has initiated a section 189 process under the Labour Relations Act that will see further retrenchments at the company.
JSE-listed technology group Altron has appointed Collin Govender, currently its group CIO, as MD its Altron Karabina subsidiary following the impending exit of incumbent Grant van der Wal.
Shares in Adapt IT, a software group listed on the JSE, have leapt by 165.5% in the past fortnight, demonstrating there are still ways for investors to profit from the local market, even in a depressed economic environment.
IBM said on Thursday it would spin off the managed infrastructure services unit of its Global Technology Services division into a new public company.
Internet service provider iSAT South Africa is embroiled in an ugly dispute with Dimension Data, with iSAT accusing the company of causing it severe financial and reputational harm over a failed cloud system.
Google has announced that Google Workspace is the new name for its package of business tools including e-mail and document editing, replacing the G Suite brand introduced in 2016.
Mark Taylor, the former CEO of Nashua and director of parent company, JSE-listed Reunert, has been appointed as CEO of Ricoh Emerging Markets.