The company changes name, management and BEE status in a R11.7 million acquisitive move.
The company`s investment arm wants to take stakes in vertical-focused businesses.
The International Finance Corporation is to acquire 10% of the local virtual bank.
Telkom`s exit would release the mobile operator from purely organic growth in the local market, says Vodacom`s CEO.
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 $5 million Synthasite deal allows Richemont to focus on convergence opportunities.
The company posted a 15.1% increase in profit from operations for the six months ended September 2007.
No insight into "shareholder activity", but the company is pretty busy, says CEO Alan Knott-Craig.
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 company`s headline earnings per share decline by 15.1%, despite group operating revenue increasing by 8.3%.
The regulator`s lack of capacity led to financial errors in its 2006/7 financial statements.
The company`s founders buy out long time investor Ellerines.
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
Michael Aitken and Steven Dent are now 100% shareholders in Centratel.
The fax services solutions provider becomes the latest acquisition in the Vox buying blitz.
The triple-digit growth in 2007 is a sign of things to come, says management.