Troubled JSE-listed technology group Faritec continues to teeter on the edge. It has scrapped a plan to raise much-needed additional…
Browsing: Fanie van Rensburg
Companies owed money by Faritec will have to opt for shares in the troubled JSE-listed IT group, or risk losing…
Shoden Data Systems has agreed to underwrite and fund partially a new rights offer by Faritec aimed saving the company…
Talks aimed at raising an emergency loan to keep JSE-listed Faritec afloat are taking longer than expected, the IT group…
Faritec management remains confident that the troubled JSE-listed IT group will return to profitability in the financial year to June…
Faritec has pulled itself back from the brink of financial ruin and should break even or even post a small…