CS Holdings returned to profitability at the headline earnings level in the six months to 31 December.
MasterCard and Simplus`s mobile commerce project turned over R1.6 billion last year, but the companies say this is just the beginning.
Black-owned technology firm Digital IQ is interested in buying the entire business of Africard.
One of the world`s biggest outsourcing companies, EDS, has learnt how one major deal can effectively torpedo its earnings and rock the corporate boat.
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.
Last week`s international news saw Oracle revise its bid for PeopleSoft, while local news included the Competitions Tribunal ruling against DHS.
FrontRange says its interim results will show the benefit of cost savings.
The Intervid directors attempting to oust chairman Bill Lambert have broken their silence on the reasons behind their planned boardroom coup.
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 Competition Tribunal has given the go-ahead for Altech`s R500 million acquisition of NamITech, subject to certain conditions.
Cellular network operator MTN increased its subscriber base by more than one million in the quarter ended 31 December.
The shareholders attempting a boardroom coup at Intervid have failed to get the support of VenFin, which owns 17% of the company.
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
Alcatel reports on its fourth quarter and full year 2003 financial results.
Jasco Electronics and Intervid both released trading statements yesterday, one negative and one positive.
Veritas Software`s revenue rose by 18% for the year ending 31 December, with 2003 fourth quarter revenue soaring by 26%.