Constellation Software Group News Today

Local tech businesses have not only expanded to multiple foreign markets but have also become magnets for international investment.

Supplied Adapt IT CEO Sbu Shabalala has taken a leave of absence following a newspaper report that he was allegedly involved in ordering a violent attack. The companys share price tanked by more than 12% earlier on Monday following the Sunday Times report. The accusations against Shabalala come at a critical juncture for Adapt IT, which received a takeover offer from the Canadian company Volaris last month.   JSE-listed software company Adapt IT founder CEO Sbu Shabalala has taken a three-mon...