The national signal distributor needs more money for its wireless services and to roll-out digital TV.
The global software vendor acquires 12% of the local company as part of its emerging markets strategy.
Altron, Altech and Bytes shareholders will vote on 3 December.
Interim earnings and headline earnings per share are expected to increase by 25% to 45%.
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.
In today`s technology roundup: Yahoo shares plunge, Target bans Manhunt 2, Google gives drivers a hand, and Xbox more family-friendly.
The new issue of shares is subject to the approval of the Competition Commission and the SA Reserve Bank.
XLink looks to leverage Vodacom`s infrastructure and footprint for its own expansion.
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
USAASA lobbies for the amendment of the EC Act so money goes directly to the fund.
The national signal distributor will get more than the R500 million the National Treasury has earmarked for it.
The newly-listed company expects to pay a 12c dividend.
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
The company`s CEO dismisses concerns over share price fluctuation.
Headline earnings per share for 2007 could be down as much as 50%, says the company.
Products from two UK-based companies will be used instead.