We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Technology services group Sebata Holdings, which supplies local government services such as meter reading and software, has posted an interim loss approaching its R272m market value, hit by a pandemic-induced slowdown in government activity that was worsened by the local government elections.

The company, formerly MicroMega Holdings, posted a R205.4m loss in its six-months to end-September, from a loss of R33.7m previously, with the group historically seeing slowdowns during election periods...

BL Premium

This article is reserved for our subscribers.

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.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.