Alviva Holdings has received a binding offer from a consortium to buy out the business, which, if approved, will see its JSE listing terminated.
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EOH Holdings has been given the go-ahead to proceed with a planned rights offer aimed at reducing the JSE-listed IT services company’s debt.
Visa plans to invest $1-billion over the next five years in Africa to capitalise on rapid growth in digital payments.
Microsoft aims to secure Internet access for 100 million more people in Africa by 2025, teaming up with a satellite provider to help achieve the objective.
Elon Musk’s prediction that Tesla would have an “epic” end of year looks more off base by the day.
Apple is preparing to allow alternative app stores on its iPhones and iPads, part of a sweeping overhaul to comply with EU requirements.
Meta Platforms is facing a lawsuit in Kenya’s high court accusing the company of failing Africans by amplifying hate speech and incitement to violence on Facebook.
Eskom CEO André de Ruyter has resigned, according to two people with knowledge of the decision.
The South African Reserve Bank said there had been no impact from a reported breach of its systems four months ago.
The Joe Biden administration plans to put China’s Yangtze Memory Technologies and dozens of other companies on a trade blacklist.