The Competition Tribunal has given its blessing for the UK`s Vodafone to increase its stake in Vodacom to 50%.
Datatec`s Westcon has arranged $190 million of debt financing.
Datatec`s Westcon Group has secured a $150 million working capital facility and a $40 million second lien term loan to finance its operations in North America.
The ISA share was trading 36% higher this afternoon after the company issued a positive trading update.
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.
QuickBooks has bought Softline in a bid to become a leading provider of accounting software.
Contrary to the trends in the consumer and retail markets which have experienced almost record growth in the last 12 months or so, the IT sector is still waiting for the boom times to hit.
ATM crime and credit card fraud are more prevalent this time of year, banks warn.
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
Zaptronix has reported a return to profitability for the 16 months to August.
Business Connexion`s share price plunged this morning following news that the group terminated talks with potential bidders that included Telkom and BTG.
Faritec is to report a surge in its half-year earnings.
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
SunGard has integrated its cross-asset trading platform, Front Arena, with its analytics, systems, data and training services solution, Monis.
The festive season tends to influence spending patterns, so First National Bank (FNB) has urged their customers to keep a check on finances.
If you have the stomach for it, it`s a good market for speculators to make a killing on prospective deals.