The telco diversifies its supply chain by providing more opportunities to black-owned SMMEs, leading to an increased spend.
The company aims to broaden international investor access, and grow and diversify its shareholder base.
An order has been granted by the High Court, declaring the Takeover Regulation Panel ruling against the deal as unlawful and unconstitutional.
The Naspers and Prosus boards unanimously approve the decision to appoint Nico Marais as chief financial officer of both firms.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
The firm believes another court may come to a different conclusion, “as there are material errors and omissions” in the judgement.
Founder Alan Knott-Craig Jr shares his plans for Fibertime, as well as the challenges he has faced in his bid to connect South African townships.
Taylor most recently served as senior VP of Group Commercial Strategy at Cloud Software Group.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The bank’s overall IT expenses, including IT salaries and outsourced resources, for the financial year ended February, increased by 28%.
The company plans to deepen its AI investment and collaborate globally to accelerate digital and intelligent transformation across industries.
The fintech investment platform announces an investment in South African fintech company DigiSquad for an undisclosed sum.
The High Court found the tender process to be flawed and ruled in favour of Datacentrix, which previously held the contract and challenged the award.