Neil Murphy notifies the board that he made a number of trades in the company’s shares that had not been disclosed.
The communications department to continue rolling out the second phase of government’s broadband project, with R2.4 billion set aside to implement the project over the medium-term.
The communications ministry to contend with shrinking budget, as Cabinet approves reductions to the department’s fiscal allocation by R727.9 million over the medium-term period.
The Department of Trade, Industry and Competition reprioritises R964 million for the transition to electric vehicles, in support of implementing of SA’s electric vehicle roadmap.
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 company secures its first grid capacity allocation from Eskom and will commence construction of a 120MW solar PV facility in the Free State.
Customers and partners benefit from focused R&D investments and accelerated product innovation, including expanded cloud, security and AI capabilities.
There is still value in solar crowdfunding, says the blockchain-based start-up, after its rival Sun Exchange ditched the business model.
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 Telkom business unit’s revenue declined marginally, at 0.7% against the prior quarter, to R3.5 billion.
A ministerial task team finds the skills and systems within the State IT Agency procurement ambit to be wanting, leading to prolonged delays and backlogs.
In Q3 2024, the telecoms company’s group revenue was up 2% to R11.3 billion, with EBITDA stable at R2.47 billion.
The US-based blockchain firm partners with SA’s Digital Solutions Group and appoints ICT heavyweight Vincent Maher as global CEO.
Once operational, the Oya Energy Hybrid Project will provide essential dispatchable energy to the South African grid.