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Pinnacle offers to buy, delist Datacentrix

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Technology group Pinnacle Holdings has made an offer to buy out minority shareholders in Datacentrix and, if successful, plans to delist the IT services company from the JSE. Pinnacle told shareholders in a notice published on the JSE’s

Cape Town’s VRCade to open in Jo’burg

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The team behind a popular virtual reality arcade at Cape Town’s Victoria & Alfred Waterfront is now planning to bring the concept to Johannesburg. Founder Zach Joubert, an advocate and member of the Cape

Tough times hit Ericsson

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Ericsson said earnings missed estimates last quarter amid waning demand for wireless network equipment, a further setback for the Swedish manufacturer struggling to reverse plunging sales and reduce costs. Revenue dropped

‘Critical moment’ in Samsung’s history

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Samsung Electronics is corporate royalty in Korea. It’s also a company recognised for its marketing smarts and engineering savvy worldwide, so much so that consulting firm Interbrand ranked it as the world’s seventh most

Guptas sound ominous warning to Madonsela

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Gupta family lawyers have told the public protector that should the findings of her state capture report include that the family was “in any way whatsoever involved in inappropriate conduct,” she would be doing so at

Samsung just killed off the Galaxy Note7

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Samsung Electronics is ending production of its problematic Galaxy Note7 smartphones, taking the drastic step of killing off a smartphone that became a major headache for the South Korean electronics maker. After halting sales of the

Gordhan must appear in court on fraud charges

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Finance minister Pravin Gordhan was summoned to appear in court on fraud charges next month, the latest twist in a struggle with President Jacob Zuma that could cause South Africa’s credit rating to be downgraded to