Last week saw Microsoft`s $1.6 billion settlement with Sun Microsystems, and Dimension Data`s BEE initiative with Andile Ngcaba.
The MTN share price continued to rise this morning in reaction to news that government has found a buyer for the remainder of its shares in the group.
IT resourcing and solutions provider Paracon says its latest interim results will be better than those of last year.
CCN Holdings has offered to buy out its minority shareholders and delist from the JSE.
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.
David Butler, executive chairman of Global Trader 247, defines a derivative as a broad spectrum of financial products.
IDS Scheer has announced group revenue of 220 million euros for the fiscal year 2003, says local reseller Collaborative Process Integration.
EC-Hold`s losses decreased in the year to December, but the group says its future still depends on the support of shareholders and parent MGX.
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
Global Technology (Glotec) has reported a reduced headline loss per share for the year to December.
Beget Holdings has reported its first headline loss since listing on the JSE at the end of 2002.
MGX Holdings, which is to seek to delist from the JSE, says the costs of being listed last year exceeded its entire market capitalisation.
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
Dimension Data shares fluctuated mildly on the JSE in thin trade this morning as the market mulls over the announced black economic empowerment (BEE) deal and awaits more details.
Square One Solutions has announced a net profit of R2.277 million for the year to end December 2003.
Cape Empowerment Trust is embarking on an acquisition drive, which it says is necessary to justify its listing on the JSE.