The internet service providers fear the proposed merger of Vodacom and Maziv will squeeze them out of the market, as Maziv would hold a significant share of network assets.
The Remgro unit pins its hopes on the Competition Tribunal giving the R10 billion Maziv-Vodacom deal the green light.
With no end in sight for load-shedding, the bank wants to finance green energy solutions across the country.
Negative economic growth puts pressure on IT budgets, making it important to show short-term resilience when embarking on a project, says Morne Laubscher, CTO of Logicalis SA.
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.
The telco will “showcase the pro-competitive advantages of the proposed transaction” to the Competition Tribunal.
The proposed deal will likely to substantially prevent or lessen competition in several markets, says the regulator.
The hackathon requires participants to submit ideas for financial and transactional apps incorporating MTN Mobile Money APIs.
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 build-out of its modern, modular and agile technology platform has reached 93% completion, says the bank.
As loss-making Telkom continues to hunt for strategic investors, analysts warn of the execution risks of turning around the telco’s operational performance.
Huawei Cloud’s global revenue almost doubled last year, with a more than 40% increase in the number of partners and over 55% increase in the number of developers.
The company posts revenue of $81.8 billion, down 1% year-over-year, and earnings per diluted share of $1.26.
The banking ombud sees the emergence of a new scam involving the use of near-field communication technology.