Alviva R2.56-billion take-private deal gets green light
Information Technology services and equipment supplier Alviva has notified shareholders that the conditions for a deal to take the company private have been fulfilled.
That included receiving the necessary regulatory and shareholder...
Alviva announces R2.562-billion buyout and de-listing deal
Information Technology services and equipment supplier Alviva has notified shareholders that it has received an offer to buy out the company's shares and de-list it from the Johannesburg Stock Exchange.
Alviva owns computer hardware...
South African app lets EV drivers find charging stations and pay for refills
Cape Town-based electric vehicle startup Zimi Charge has launched a mobile app that lets South African electric vehicle (EV) owners find public car charging stations and pay for their refills in-app.
The company plans...
Biggest PC wholesalers in South Africa
South Africans have six major computer wholesalers to thank for the wide selection of PC hardware and other tech readily available to buy from retailers.
Tech stores rely on a consistent flow of stock that they cannot keep on-premises to keep their...
South African tech companies going green while fighting load-shedding
Many of South Africa's major technology and telecom companies have plans to make their operations more environmentally friendly while increasing their resilience against load-shedding.
While the corporate world is no...
Bumper year for South African IT distributors Pinnacle, Axiz, Tarsus
Alviva Holdings has published its year-end financial results, reporting that its Information and Communication Technology distributors had a fantastic year.
Electric vehicle charging station supplier GridCars remains...
The biggest IT companies in South Africa
South Africa has several home-brewed information technology companies worth well over R1 billion.
After making enormous gains during the height of the Covid-19 pandemic, most major global tech shares have taken a beating in 2022.
South African tech shares — one company up 1,100% in ten years
South African tech stocks have experienced a lot of volatility over the last decade, with the best-performing share, Alaris, gaining 1,100% and the worst-performing share, Ellies, losing 90.2%.
The global tech stock rally over the...
Alviva and Mustek — Two great South African IT companies to release earnings
Alviva and Mustek are expected to release earnings in coming days. Both technology companies will be reporting results for the six months ended 31 December 2021.
Alviva has a market cap of around R2.2 billion and...
Bruising start to 2022 for South African tech stocks
Many South African tech shares started the year in the red, following the trend set by mega-cap tech stocks in the United States.
The share prices of large technology companies like Netflix, Tesla, and Amazon were hard hit last month.
Top tech shares on the JSE in 2021 — including two which had over 170% growth
The top-performing technology shares on the Johannesburg Stock Exchange (JSE) in 2021 were MTN, Ellies, and Alviva, while the worst-performing companies were Labat Africa, Huge Group, and EOH.
The JSE performed...
Alviva to buy Tarsus for R185 million
Alviva has announced that it has entered into a share purchase agreement to acquire Tarsus for a maximum purchase consideration of R185,388,000.
Established in 1985, Tarsus is a known for distributing some of the world’s most prominent IT brands to the...
Alviva’s GridCars completes EV charging station rollout
Driving from Pretoria to Cape Town in an electric vehicle should now be an easier undertaking.
GridCars, the largest installer of public EV charging stations in South Africa, has completed its national EV highway rollout that connects...