Gugu Lourie

Editor in chief

Latest Articles

AWS to Help Old Mutual Modernize its Tech infrastructure, Rapidly Innovate

Old Mutual has provided financial services and products to individuals and business customers since 1845. In a move aimed at experimenting at lower costs...

Cell C Wants To Save Itself By Becoming an MVNO

Troubled mobile phone operator Cell C wants to transform itself into a mobile virtual network operator (MVNO). Cell C is unable to compete against bigger...

Foursight, a Unit of 4Sight, Applies For Business Rescue

Foursight Holdings Proprietary Limited (FH), the intermediary investment holding company of some of the South African subsidiaries, has filed for business rescue, becoming the...

50 Business Partners Takes EOH to Court Over Blacklisting

About  50 “enterprise development” business partners and intermediaries have approached the courts to challenge troubled tech group EOH for blacklisting them over suspect payments. In...

Adapt IT CEO Sbu Shabalala Takes Home R3.6m

The CEO of JSE-listed software services firm Adapt IT took home R3.66 million for the financial year ended 30 June 2019. As part of the...

Adapt IT Profits Fall, Defer Dividend

Adapt IT reported a 6% drop in headline earnings per share (HEPS) from continuing operations to 57 cents for the year ended 30 June...

Lebashe Walks Away from Troubled Tech Firm EOH

Lebashe Investment Group will not go ahead with a planned investment in EOH, a JSE-listed troubled tech firm. The investment group announced late on Friday...

Mobile Money Contributes Close to Half a Million Jobs in Africa

(MTN updates figures of mobile money jobs to 400, 000 direct jobs instead of a million) The ripple effect of mobile money is changing the...