JSE CEO Russell Loubser says the stock exchange refuses to be bullied into compromising its standards for listing on the AltX exchange for small businesses, which opened today without a single company on the board.
An offer has been tabled to buy Aplitec for R825.6 million, which, if accepted, will result in shareholders receiving 475c a share on the voluntary winding up of the listed entity.
Prominent businessman Lietsiso Mohapeloa has joined the board of Source Consulting SA after buying a 35% stake in the company.
Last week saw the possible empowerment deal between Comparex and Business Connexion Solutions, and the good news ruling on least-cost routing (LCR).
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.
PeopleSoft has announced third quarter revenue of $624 million.
MGX shareholders have approved the disposal of four of the group`s subsidiaries.
The Securities Regulation Panel (SRP) has issued a ruling in connection with a share repurchase authority granted to ERP.com Holdings by its shareholders.
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
SAS Institute has acquired Marketmax, a provider of retail planning and merchandise intelligence software.
Mercury has announced third quarter revenue of $126.1 million, compared to $97.9 million for the comparative quarter last year.
Mercury Interactive is predicting a profitable fourth quarter, despite incurring a net loss of $6.66 million for the third quarter to 30 September.
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
Embarcadero Technologies has announced third quarter revenue of $13.2 million, compared to $12.1 million for the comparative quarter last year.
Comparex Holdings has issued a cautionary statement following confirmation that management is negotiating a merger between Comparex Africa and Business Connexion Solutions Holdings.
Comparex Holdings is in talks that could see black-empowered Business Connexion Solutions Holdings take up a 25.01% stake in the group.