Telkom and MTN shares received a hammering on the JSE this morning following government`s announcements on liberalising the telecommunications market.
CS Holdings CEO Dave Vink has denied claims that his company could soon close one of its business divisions.
Lost documents have prevented Casey`s auditors from verifying the company`s income statement transactions.
Enterprise Outsourcing Holdings expects to report an earnings increase later this month.
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.
PC maker Mustek has reported a 38.9% dip in full-year headline earnings per share.
Dimension Data has finalised the sale of 25.01% of its South African subsidiary in an empowerment deal.
Acer SA grew its market share significantly in the second quarter of this year.
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
Informatica has posted second quarter revenue of $53 million, up from $50.6 million for the comparative period last year. [Local rep: Knowledge Integration Dynamics]
Square One Solutions expects to report a dip in its interim figures.
Last week saw a boost for both the empowerment charter and second national operator (SNO) processes.
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
While value creation might be the fundamental credo of the mergers and acquisitions that make the headlines, the end result is often value destruction.
Ascential Software has posted second quarter revenue of $64.7 million, up from $39.9 million during the comparative period last year.
Mustek says it will pay a dividend despite a slump in earnings.