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Richard Branson’s Virgin Group and retail solutions provider Smollan have acquired a stake in Cape Town-based mobile loyalty software company wiGroup, joining Investec Asset Management and Crossfin Technology Holdings

Reunert, the JSE-listed electronics and electrical engineering company, will acquire wireless broadband service provider SkyWire Technologies. The value of the deal has not been disclosed. SkyWire mainly serves

Shares in MTN Group rose in Johannesburg on Monday morning after the telecommunications group issued a positive earnings update, though it provided no detailed guidance on the numbers. It said in a statement on the JSE’s stock

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