News

Adapt IT Telecommunications recently hosted the 2022 Hackathon event at Wits University. This year’s theme was “Social Good in Africa”. To sum up, a total of 100 registrations was obtained with 64 students who completed the project. The students came together with one goal in mind, to come up with ideas for resolving the food crisis in Africa. They were challenged to develop a program that allowed everyday people to seamlessly donate food at allocated drop off centres. This would then be delivered to preselected institutions like hospitals, schools, and NGOs. Two of the program’s requirements were that the inventory should update with each item delivered and incentivise donors with a reward system when their tasks are completed. Adapt IT’s Team of developers were at hand and worked together with the Wits Computer Science Lecturers to guide the students during this 24-hour event. We wish to congratulate and thank Ndamu, Wits Computer Science lecturers and the Adapt IT...Read More

JSE-listed technology company Adapt IT Holdings (Adapt IT) will be releasing its financial results for the six months ended 31 December 2020 on the JSE’s Stock Exchange News Service (SENS) on 9 March 2021 and via Web cast, at 10am (SAST) on Wednesday, 10 March 2021. In terms of the Listings Requirements of the JSE, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from those of the previous corresponding period. Accordingly, a review by management of the financial results for the six months ended 31 December 2020, as disclosed on SENS today, has indicated that earnings per share (EPS), headline earnings per share (HEPS) and normalised HEPS (NHEPS) are all expected to increase. Sbu Shabalala, CEO of Adapt IT Holdings, commented: “I am pleased with our performance for the six months ended 31 December 2020. Our cash generation from operations was strong,...Read More

ADAPT IT HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/017276/06) Share code: ADI ISIN: ZAE000113163 (“Adapt IT” or “the Company”)...Read More

CaseWare Africa, a division of Adapt IT, has released details of its latest addition to the assurance product suite: ISRS Agreed-Upon....Read More

CaseWare Africa, the financial services division of Adapt IT, has announced the launch of its latest product innovation, Interim Financial Statements, a new template designed to help enterprises easily draft interim financial statements in line with the IAS 34 standard. The Interim Financial Statements template allows for the seamless import of data for multiple periods, and fully integrates with CaseWare’s existing IFRS template for annual financial statements. In addition, it provides listed entities with new functionality to allow for JSE disclosure requirements and interim financial statement market trends, all in a single file, says Nienke Krüger, Product Manager: Financial Reporting at CaseWare Africa....Read More

Moodle welcomes on board South African based company Adapt IT as a Certified Moodle Partner. With over 30 years of experience in e-learning, Adapt IT now provides solutions for the sound management of tertiary institutions as a Moodle Partner in South Africa, Botswana, Kenya, Mauritius and Nigeria....Read More