Dynamic Cables RSA, whose share has been suspended for more than two years, is in talks that could see it delist from the JSE.
FrontRange shareholders are to vote on a proposal to grant an additional 19.6 million share options to acting CEO Michael McCloskey.
IT companies that survived the market collapse a few years ago should this year reap the rewards of their persistence, says Square One Solutions, which has reported a large profit increase.
Verity has acquired software developer Cardiff Software for $50 million in cash.
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.
Logicalis, a subsidiary of JSE-listed Datatec, has sold its Australian and New Zealand operations to IBM for $66 million in cash.
The European Commission`s punishment of Microsoft dominated the international world of IT and telecommunications last week.
Pinnacle Technology Holdings says rand strength resulted in substantial reductions in average revenue and gross profit per unit in the six months to December.
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
Compu-Clearing Outsourcing experienced a small decline in headline earnings per share for the six months to end-December.
Interconnective Solutions has resumed its search for a black economic empowerment (BEE) partner after an earlier deal was terminated.
Technology retailer Connection Group Holdings` interim headline earnings per share soared by 68% despite falling IT prices.
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
Swiss-based FAST Video Security says it has ended an original equipment manufacturer contract with Intervid, while Intervid says it is the one that wanted to end the deal.
SAS has announced revenue for 2003 of $1.34 billion, a 13.5% increase in revenue growth.
There has been no real investment in Basel Capital Accord initiatives by local banks yet, although financial institutions are ensuring that new projects comply with the accord as it stands, says Compuware.