South Africa has signed a trade framework with China aimed at securing duty-free export access amid US tariffs.
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Shares in EOH Holdings plunged by as much as 34.3% in Johannesburg on Tuesday morning after news emerged late on Monday that Microsoft had terminated two partner agreements with the JSE-listed technology services group.
Listed technology services group EOH Holdings issued a statement to shareholders at 1.41pm on Tuesday, providing an update on the termination by Microsoft of its channel partner agreement.
EOH Holdings has said the potential loss of partner agreements with Microsoft South Africa within the next 30 days won’t have a material impact.
South Africa’s struggling power utility started a third day of power outages, blaming issues including failures at two huge new power stations that are also the main source of the company’s massive debt.
The pay-television broadcaster, which will list on the JSE later this month, has revealed all the price adjustments to its DStv bouquets, which will take effect on 1 April 2019.
Shares in Mustek climbed in early trade on Tuesday after the ICT company said it expects headline earnings per share to rise by as much as 25% in the six months ended 31 December 2018.
