Unions will be fighting for a 12.4% increase and protest the utility's decision to outsource its primary operations.
The company will use its acquisition to expand its global distribution network.
The policy is underwritten by Zurich and owned by BrokerNet.
The company released an expected increase in operating profit by between 45% and 55%.
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 AltX-listed company's gross profit is up 5% and EPS is up 8.7% to 19.57c per share.
The current deal will bring the company to level four on the BEE scorecard.
It will be laying national fibre backbone and has commenced a metro cable roll-out in Gauteng.
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
Greater collaboration is needed for ICT to fight poverty, says Geraldine Fraser-Moleketi.
Contrary to international media speculation, MTN is not in pursuit of a deal with the Indian-based operator.
In this World Wide Wrap: Convergys shares fall, Contivio's virtual contact centre available and Telephonetics VIP, Lagan partner.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
Amabubesi hits the streets with R600 million war-chest.
In this World Wide Wrap: Apian receives $10 mil funding, ICEcore adds workflow, changes name and Global 360, Satyam renew partnership.
FPM has emerged as an all-important subset of the broader performance management market.