The former MicroMega Holdings posts a R705.8m loss compared with a R50.9m loss a year earlier
Technology services group Sebata Holdings, which supplies local government services such as meter reading and software, saw its headline earnings drop more than fifteenfold in its last financial year due to tough trading conditions.
Revenue fell by a quarter to R25.4m, headline loss per share was down 1,459% to 443.68c for the year ended March, and it declared no dividend. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CPFs welcome smart tech rollout in crime hotspots in Alex, DiepslootThe initiative will see Vumacam installing an additional 1,850 CCTV cameras in the city, of which 350 will be installed in Alexandra, Diepsloot and Soweto.
Read more »
Cape Town township grannies get tech-savvy | The Citizen11 grandmothers in Alexandra received tablets after completing two weeks of training
Read more »
Africa falls behind in cloud, emerging tech adoptionSub-Saharan African firms fall years behind in cloud, emerging tech adoption, say RedHatEMEA and IDC. CloudComputing EmergingTech RedHat
Read more »
Why the time might be right to get back into global tech stocksThe valuation pullback in recent months is likely to create some excellent buying opportunities in the tech space.
Read more »
Competition Commission looking at local dominance of big tech platforms - HypertextThe Competition Commission recently released its Digital Markets Inquiry report, citing Google, Takealot, Mr D and others as overly dominant.
Read more »
You can make up to R15k by trading in your old smartphone - these tech stores pay out the most | BusinessinsiderMost tech and cellphone stores in South Africa will now give you cash or vouchers in return for your used smartphone.
Read more »