Author: Staff Writer

Ellies’ attempt to enter the renewable energy market ended in failure, leading to financial difficulties and the decision to suspend trade on the JSE. 1. The company cited its inability to meet the ongoing requirements of the JSE listings as the reason for the trade suspension. 2. In January, the Ellies filed for business rescue after its mainstay business, closely tied to DStv’s satellite service, experienced a downturn. 3. Ellies was originally listed on the JSE’s Alternative Exchange (AltX) in 2007 and later moved to the main board in 2010. It imports, manufactures, and sells electronics equipment and undertakes solar…

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AWS South Africa has opened applications for the 2024 edition of the Equity Equivalent Investment Programme (EEIP), aimed at ICT-focused SMEs. SMEs that use technology to deliver industry solutions and meet the criteria of level one exempted micro enterprises or qualifying small enterprises in line with the Amended ICT Sector Codes on Broad-Based Black Economic Empowerment are eligible to apply. The application deadline is 12 April, and successful applicants will be onboarded by the end of July. Further details and the application process can be found on the AWS website.

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