Articles about MGX

Trump launches $500bn AI behemoth Stargate

The Stargate Project is a new company, which intends to invest $500 billion over the next four years, building new AI infrastructure for OpenAI.

Microsoft in $30bn partnership to build AI data centres

BlackRock, Global Infrastructure Partners, Microsoft, and MGX form a pact to make investments in new and expanded data centres.

Metrofile wraps up restructuring

Metrofile will conclude its restructuring process in the next financial year.

Metrofile makes EC-Hold offer

The MGX/EC-Hold saga, which began in 2001, has finally reached a conclusion.

Metrofile`s BEE deal extended

Metrofile, formerly MGX, says the implementation of its empowerment deal has been extended.

MGX nears name change

MGX is to assume its new identity next month.

BEE firm buys into Prism

Prism is selling 17% of its shares in a black economic empowerment (BEE) deal.

EC-Hold under liquidation

The High Court has granted EC-Hold a provisional liquidation order.

MGX sells more of Metrofile

MGX is selling 10% of Metrofile in two separate deals.

MGX trims losses

MGX has reported a smaller loss for the year to June.

EC-Hold to wind up

EC-Hold has decided to apply for a liquidation order.

MGX sells Metrofile stake

MGX has sold 25% of Metrofile to Mineworkers Investment Company for R25 000.