Unisys has posted first quarter net income of $38.5 million, compared to $32.7 million for the comparative period last year.
CCN Holdings, formerly NetActive, has bought back 3.8% of its shares for R1.77 million.
Speculation is mounting that IT distributor and consultancy group Datatec may be preparing to sell some key assets.
Intervid, which last week announced the departure of its CEO, has published a trading update that coincides with the resignation of chief financial officer Keith Pitout and director Chris le Sueur.
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.
An interim attributable loss of R457 million highlights the magnitude of the task facing MGX Holdings CEO Peter Flack, who was brought in to try turn the company around.
The backlash from the Softline decision to delist and the happenings at Intervid stole the local headline ICT space during a shortened week.
Business Objects has reported disappointing first-quarter results, but it can take heart from a sterling performance from its South African division.
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
There is about R1 billion waiting to be invested in young IT companies - but investors are becoming more selective about where they place their money, says Ethos Technology Fund.
Intervid has refused to disclose the reasons for the sudden departure of its CEO, Rob le Sueur. It published a notice last night saying only that he is no longer a director at the company.
Symantec has announced fourth quarter revenue of $390 million, a 26% increase from $311 million for the same quarter last year.
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
The latest release of the Bull Tax Administration Application was released in the third quarter of 2003. This version has a number of significant changes and enhancements when compared to previous releases.
Packaging group Nampak has awarded Comparex Africa a three-year outsourcing contract worth R70 million.
Misys has acquired Crossmar Matching Services from Crossmar, a subsidiary of Citicorp.