A volatile rand and weakness in international markets have taken their toll on Labat Africa, which has reported a 96% drop in interim headline earnings per share.
Spescom has announced headline earnings of R29.5 million for the period to 30 September.
Prism Holdings has simultaneously announced a R15.3 million black empowerment deal and warned that its interim headline earnings per share will be substantially lower than those of a year before.
Dimension Data Holdings has reported a full-year loss of 2.7 US cents per share before goodwill amortisation and exceptional items.
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.
MGX has agreed to settle a dispute with Cycad Financial Holdings.
Paracon, which has reported a 57% drop in full-year headline earnings per share, says its next financial year will be a better one.
AST Group says it is making good progress in its plan to save more than R200 million a 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
Almost a year after first announcing plans to delist from the JSE, Aqua Online now expects its listing to end next February.
IT resourcing and solutions group Paracon Holdings says the year to 30 September was its most challenging period since listing on the JSE in 1999.
Last week saw acquisitions by Cisco, HP and IBM, and the proposed merger of Scala Business Solutions and Epicor Software.
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
If all goes according to plan, Aplitec`s name will disappear from the JSE boards next February.
Software Futures is preparing to launch its new branding, coupled with an aggressive growth model, says MD Arthur Brown.
DigiPoS Systems Group has announced year-end revenues of $100 million.