Shares in Alviva Holdings rose almost 5% on Monday after the technology group reported full-year revenue up 17% to R15.9-billion. Headline earnings per share climbed 9% to R2.97.
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As WeWork continues its stumble to the public markets, some prognosticators see this moment as something more significant: that a WeWork belly-flop portends the end of the unicorn era in Silicon Valley.
Prosus, which listed in Amsterdam just last week, is splitting opinion among the first investment banks to cover the stock.
MTN South Africa is launching a wholesale fixed-LTE offering to Internet service providers, with its own ISP, Supersonic, the first to bring a retail product to market on the back of the offering.
Goldman Sachs is growing concerned about Apple, and it is not alone. While shares of the iPhone maker have been stronger of late, the advance comes in contrast to a darker view toward the stock from analysts.
Volkswagen is bundling its software operations with an investment plan of about €8-billion over the next three to five years, another step in the electric and connected-car shift that’s heralding massive change across the entire industry.
The European Central Bank warned Facebook that the bar for regulatory approval of its planned libra project has been set very high as governments in the region express concerns about digital currencies.
An international team of astronomers using the MeerKAT telescope has discovered enormous balloon-like structures that tower hundreds of light-years above and below the centre of our galaxy.
Put together the best solar panels money can buy, super-efficient batteries and decades of car-making know-how and, theoretically, a vehicle might run forever.
The astonishing things is that shareholders were asked to approve the new scheme – and did – without knowing what the performance condition was.