Altech`s offer to buy Prism, which outprices a rival bid by Nasdaq-listed Net1, has ignited Prism`s share as investors seek to take advantage of the better price.
Compu-Clearing Outsourcing has reported a 41% increase in interim headline earnings per share.
Trade in VenFin`s share will be suspended tomorrow morning.
Nedbank has appointed French-headquartered Gemplus as its smart card supplier.
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.
Borland Software has agreed to buy Segue Software, a US-based provider of global software quality and testing solutions.
Faritec Holdings has reported positive financial results for the six-month period ended 31 December 2005, with group revenue and operating profit increasing compared to the corresponding period last year.
Faritec has reported a 148% increase in its interim net profit.
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
Nedbank`s clients are to start receiving chip-based cards in the third quarter of this year, the culmination of a more than R220 million project.
Telecoms policy is a disaster beyond repair, says Absa senior economist Chris Hart.
Interconnective Solutions has sustained the turnaround achieved in its 2005 financial year.
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
Dell achieved record fourth quarter revenue of $15.2 billion and earnings of 43c per share driven by growth in enterprise products, services and sales outside the US.
AltX-listed DataPro Group has bought NetraLINK, an Internet business solution provider, for R10.175 million.
Network Appliance has posted revenue for the third quarter of $537 million, an increase of 30% compared to revenue of $412.7 million for the same period a year ago.