Takalani Tshivhase, the Pinnacle Holdings director who has been charged with corruption for allegedly attempting to bribe a senior police official to secure a technology contract, has denied the allegations against him. In a statement issued on the JSE’s Sens news service
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Long-serving Datacentrix director Gary Morolo is stepping down as chairman and board member of the JSE-listed technology services company “with immediate effect”. Morolo, who joined Datacentrix 15 years ago and who served as its CEO, is leaving following news at the end of last month that the
The Competition Tribunal has approved what it’s described as a hostile bid by JSE-listed technology group Pinnacle to acquire a controlling interest in another listed technology company, Datacentrix, subject to conditions recommended by the Competition Commission. Pinnacle has
A family trust controlled by Pinnacle Technology Holdings CEO Arnold Fourie has sold R33m worth of the company’s shares. Pinnacle announced on Tuesday that the Carmen Fourie Family Trust had offloaded 1,5m shares at a price of R22/share. At the end of the
It’s been a good year for most technology stocks listed on the JSE. One notable exception is Gijima, whose share price has tumbled by more than two-thirds in the past 12 months as investors fret about the company’s future. It’s lost nearly half its value since it published its annual results in