Technology holding company Casey reported an after-tax loss of R8.79 million in the year to end-February, 10% worse than the previous year`s R7.99 million loss.
Last week saw several announcements from the communications minister, including the opening up of the 1800MHz spectrum and 4 million free SIM cards for the poor.
Aqua Online Holdings says it may have to restructure its proposal to dispose of its underlying businesses and delist from the JSE before receiving regulatory approval.
Technology-based education group Edutech achieved headline earnings per share of 4.64c in the year to end-February, despite a pre-tax operating loss of R1.9 million.
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.
Technology retailer Connection Group has repurchased about 9.38% of its shares for R10.56 million.
IT-invested private equity fund Trematon Capital Investments incurred a R20.33 million net loss in the six months to 28 February after a fall in the share price of its biggest asset, Intec Telecoms.
KPMG Services, the independent advisor to Softline minority shareholders, says Softline's delisting offer may be unfair to long-term investors.
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
Elexir Technologies Holdings says the rest of this financial year will be challenging, but it has sufficient new business initiatives to be optimistic of acceptable results.
Multimedia communications developer Stella Vista Technologies has reported a profit for the six months to end-February, thanks mainly to a contract to provide scoreboards for the Cricket World Cup earlier this year.
Sakkie van der Merwe, executive director of the Financial Planning Institute, discusses the implications of the Financial Advisers and Intermediary Services (FAIS) Act.
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
Global Technology Holdings (Glotec) is selling its stake in Swiss-listed Temenos Group for about R51.6 million.
Empowerment group Labat Africa has shown slow growth for the year ending 28 February, amid what it describes as a "difficult trading year - particularly for exporting businesses".
Hardware distributor Mustek has bought back more than 2.5 million or 3% of its shares in the open market for about R11.56 million.