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Group expects a bump from education and telecoms sectors as pandemic boosts demand for online learning and services related to working from home Technology group Adapt IT, which provides software to many different industries, has opted to hold on to its final dividend as Covid-19 batters the SA economy, particularly manufacturing and tourism. The group expects a bump from the education and telecoms sectors as the pandemic boosts demand for online learning and services related to working from home, but says it also wants to be conservative with its cash. The Johannesburg-based company, which provides software solutions to the education, manufacturing, energy, financial services, communications and hospitality sectors, said on Monday that the pandemic had a mixed effect on demand during its year to end-June. Revenue increased 3% to R1.48bn to end-June, before accounting changes that brought leases on to the balance sheet, while earnings before interest, taxation, depreciation and...Read More