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JSE-listed ICT firm Ellies goes belly up

Load shedding causes periodic shortages of alternative energy equipment locally

Load shedding causes periodic shortages of alternative energy equipment locally
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

Nokia TV launch in South Africa delayed

Nokia TV launch in South Africa delayed
mybroadband.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybroadband.co.za Daily Mail and Mail on Sunday newspapers.

Long-Imagined Santa Fe Square Project Now Underway In Downtown Tulsa s East End

Courtesy Downtown Tulsa’s east end is getting some new rooftops with a $125 million mixed-use project now under construction almost 20 years after it was first envisioned. Santa Fe Square will be built on four acres of former railyard bounded by First and Second streets and Greenwood and Elgin avenues. The property has been surface parking for years now. Plans include a 12-story tower, apartments and 30,000 square feet of retail space built around a European-style plaza. Mixed-use has been used to describe plenty of local projects lately. McNellies Group owner and project development partner Elliot Nelson said that amount of retail space is what sets this one apart.

Ellies to shut down manufacturing arm, blames TV migration delays

Ellies to shut down manufacturing arm, blames TV migration delays Ellies CEO Shaun Prithivirajh JSE-listed Ellies Electronics has decided to apply to the high court for the liquidation of its manufacturing subsidiary, Ellies Industries, which employs 148 people. Ellies Industries manufactures and distributes satellite dishes, terrestrial aerials, TV brackets, mounts and shelving solutions. “Arrangements will be made to ensure uninterrupted supply of these products to our customers,” the company said in a statement on Friday. “This subsidiary has long been underperforming and has been severely impacted by the lack of movement on the digital terrestrial television programme by government. Trading volumes have not been sufficient to generate any profit and the low activity over the past year has not allowed the business unit to recover,” it said.

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