TechCentral’s annual review of share price performances of JSE-listed technology companies shows that Cartrack, Altron, Mustek and Datatec all turned in a strong performance in 2019, but these were the exception rather than the rule.
Blue Label Telecoms co-founders and co-CEOs Brett and Mark Levy are stepping down as non-executive directors of the Cell C board with immediate effect.
Shares in Blue Label Telecoms enjoyed a rare upswing on Friday, a day after it issued a trading update that showed its core business continues to perform well despite the ongoing woes at Cell C.
From inception, no one has made an equity return from investing in Cell C. It’s doubtful whether Jonathan Beare and his Buffet Consortium will be any different.
Net1 UEPS Technologies has become the second JSE-listed company, after Blue Label Telecoms, to delay publication of financial results because of the ongoing financial woes at Cell C.
Altron’s continued turnaround, under the leadership of CEO Mteto Nyati, delivered the best performance among technology shares listed on the JSE in 2018, TechCentral’s annual review of the sector shows.
JSE-listed Net1 UEPS Technologies and QR-code payments specialist Zapper said on Thursday that they will launch a new company, called ZappGroup Africa, to white-label and expand Zapper’s technology across Africa.
The supreme court of appeal ruled on Thursday that it is up to the social development department to consider drafting legislation that will protect social grant beneficiaries from predatory practices.
South Africa will no longer have any welfare beneficiaries paid by Net1 UEPS Technologies next month, bringing to an end a controversial relationship.
South Africa’s top court ordered former social development minister Bathabile Dlamini to pay a portion of the costs related to legal processes stemming from a dispute over the country’s welfare-grants system.
