Confusion overshadowed strong year-end results from accounting software distributor Synergy Holdings after it published an incorrect revenue figure.
Last week saw several local black economic empowerment (BEE) deals take place.
Telkom presented on its fixed-line capex and network investments to analysts at a Deutsche Bank workshop in Sandton today.
It is important for financial institutions to keep track of specific information to combat fraud, says Piet Dempsey, MD of Knowledge Focus.
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.
Mercury Interactive has bought Performant, a US-based provider of Java 2 Enterprise Edition diagnostics software, for $22.5 million in cash.
The Connection Group will sell 50% of its subsidiary Enterprise Connection to empowerment group Canal Square Investments.
Faritec shareholders have given their unanimous approval to the sale of a 30% stake in the company to an empowerment consortium.
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
IT networking and services group Datatec has positioned itself to make a profit in a no-growth market, which it expects in the coming year. Yesterday the group reported its first loss in its 17-year history.
Dimension Data subsidiary Datacraft Asia has won a $17 million contract to develop the second phase of the State Bank of India`s nationwide corporate network.
African Legend Indigo, the company formed by African Legend Technologies` acquisition of MGX Enterprise Solutions, will commence trading from 1 July.
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
DST International has acquired US-based Askari, a provider of risk management software and solutions.
IT networking and services group Datatec has reported a full-year headline loss of 68c a share and its first operating loss in its 17-year history.
UCS Group has reported a decline in profits after increasing research and development costs by 86% in the six months to 31 March. However, it says it is poised to take advantage of IT sector consolidation.