What you would have if you invested R1,000 in South Africa’s biggest tech companies in January

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Tech stocks have fared well so far this year, and two South African tech companies have delivered a whopping 50% return in 2024.

ISA Holdings, is the best-performing tech stock among the listed technology companies of South Africa’s Johannesburg Stock Exchange .

Over the years, it has transitioned to cybersecurity, a field that is vital as corporations face increasing threats from ransomware attacks and data breaches. 4Sight Holdings’ subsidiaries specialise in artificial intelligence , machine learning, big data, cloud, and business intelligence. Basic earnings per share increased by 153.8% from 2.378 cents per share to 6.036 cents per share, while its cash balance increased by 57.8%.

 

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