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.
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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.
Dimension Data executive chairman Jeremy Ord speaks to TechCentral in a wide-ranging discussion on everything from the aftermath of the 2001 technology crash to corruption in South Africa’s IT industry to his group’s new go-to-market strategy.
Alviva Holdings, the JSE-listed parent of technology companies such as Axiz, Pinnacle and Datacentrix, has reported a 50% decline in full-year headline earnings per share but will pay a dividend of 15c/share.
After the initial euphoria of skipping smog-filled traffic jams, a new reality has dawned in which the workday blends into the rest of life, like a never-ending video conference call.
EOH Holdings said in an investor update on Wednesday that it turned in a “resilient financial performance” in its third fiscal quarter and that it’s returned to a stable and cash-generative position.
The JSE has publicly censured listed technology services group EOH Holdings over past financial reporting errors and imposed a R7.5-million fine – R2.5-million of which is suspended for five years.