Promoted | Financial markets have experienced the fastest-ever crash over the past few weeks. Fortunately for investors, there are investments that tend to either hold steady in a downturn or rise when markets suffer.
EOH Holdings is poised to slash employee salaries by as much as 20% in an effort to stave off a potential Covid-19 lockdown-induced crisis at the JSE-listed IT services group.
Mike Stopforth joins TechCentral for a discussion on what the Cerebra founder and former CEO has planned next. He also looks back at the founding, growth and eventual sale of Cerebra to WPP.
The rand hasn’t hit rock bottom yet. Even after falling to its weakest level on record against the dollar this week, South Africa’s currency has a better chance of extending the decline in coming months.
Google is releasing new data about how the coronavirus pandemic has cut down on foot traffic to transit centres, retail stores and public parks, including those in South Africa.
Helios Towers’ plans to expand following last year’s London share sale may have been waylaid by the coronavirus outbreak, but the Africa-focused company has $350-million primed and ready for when deal-making can resume.
The West Africa Cable System has begun carrying traffic again after a cable break off the coast of England last week interrupted services between South Africa, and other African countries, and Europe.
The tech bubble is popping, but not in the way anyone expected. After years of fretting that free-spending start-ups with unrealistic valuations would bring down the start-up economy on its own, a global pandemic is doing it in instead.
Meal-kit delivery service start-up UCOOK, which provides the ingredients to help people make high-quality homemade meals, has seen a huge spike in demand since the start of the Covid-19 lockdown in South Africa.
MultiChoice Group has added to the number of free channels available on its DStv Now streaming service. The channels are available to both DStv and non-DStv subscribers.