EOH Holdings will publish the findings of a wide-ranging independent investigation into alleged corruption involving public sector contracts, the JSE-listed IT services group told shareholders on Wednesday.
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EOH Holdings has sold 70% of subsidiary Construction Computer Software for R444.4-million.
Japan’s NTT Corp has launched NTT Ltd following the merger of NTT Communications, Dimension Data and NTT Security into a single, $11-billion business. It will be headquartered in London and led by Jason Goodall.
Vodacom’s business services arm is selling assets in several key markets in the rest of Africa, outside South Africa, the telecommunications group said on Friday.
EOH Holdings has moved to strengthen its board, appointing three high-profile nonexecutive directors, including a former MD of Vodacom South Africa.
JSE-listed technology group Alviva Holdings said on Friday that has reached an agreement to acquire 70% of business software specialist Synerg Group.
Salesforce.com has agreed to buy Tableau Software in an all-stock deal valued at US$15.3-billion in a major bid to build its analytics offering.
EOH has appointed Xolani Mkhwanazi as chairman of the board with immediate effect, replacing co-founder Asher Bohbot, who stepped down at the end of February amid a major shake-up in corporate governance.
When Satya Nadella took over as CEO in 2014, more than a decade of developer defections had left the company in a weak position. All that has changed in dramatic fashion.
Microsoft plans to spend more than R1.4-billion over five years to open its first development centres in Africa to work with local partners and governments, as well as hire engineering talent.