Samuel Mungadze
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Huge forced to remove videos targeting Adapt IT shareholders

The company has taken down videos that discredited its competitor Volaris’s offer and Adapt IT executives, and retracted the statements they contained.


EOH at odds with City of Joburg SAP team over retrenchments

The employees say over the last two months, they have been subjected to a Section 189 process and are serving the last week of the notice period before they get retrenched.


Huge squeezes Adapt IT shareholders as takeover bid gets mucky

In a series of videos, Huge Group discredits its competitor Volaris’s offer, while accusing Adapt IT executives of caring less for shareholders.


SITA flags R400m biometrics DHA contract for non-compliance

The State IT Agency says cession of the home affairs contract to IDEMIA is anticompetitive, as it does not comply with procurement laws and regulations.


Loss-making Cell C evolves into digital services company

The mobile operator says the evolution will enable it to hold off competition by taking a different approach, as its larger rivals are all heavily invested in infrastructure.


Adapt IT to cooperate with insider trading probe into Huge

The software services company will cooperate with the Financial Sector Conduct Authority’s investigations into Huge Group’s transactions on the JSE.


EOH resets rules of engagement over legacy govt contracts

In the past 18 months, the company successfully settled previous troublesome contracts with the state, and is now forging a fresh relationship with government entities.


AYO seeks interdict to stop FNB from closing bank accounts

The company says without banking services, it will not be able to pay 1 200 employees, or procure critical risk management services for the business.


FSCA launches another probe into Huge Group JSE transactions

The regulator opens a new probe into the company’s share transactions right after concluding another investigation on different transactions.


Vodacom allows customers to buy lunch and pay later

To qualify for Voucher Advance, customers need to have been active on the Vodacom network for at least six months.


EOH reduces headcount by 1 500

The JSE-listed technology services company attributes the jobs bloodbath in the last six months to asset disposals and contracts not being renewed.


Capitec’s digital strategy prompts lofty full-year returns

The bank says digital channels contributed to a 35% increase in the number of digital transactions, amounting to R1.1 billion.

Samuel Mungadze
Senior news journalist

Samuel Mungadze ITWeb senior news journalist.