Sectors
Companies
About
Subscribe
1:50
CET
Mar 31, 2003

Poor returns hit CET

Exceptional income of R2 million helped Cape Empowerment Trust (CET) offset some effects of the poor returns from its investment in Dynamic Cables. But it was not enough to prevent a 33% drop in attributable income.

Iain Scott
5:30
Weekly overview
Mar 31, 2003

AST`s loss, BTG`s buy-out

Last week saw a massive interim loss from AST, and the Bytes Technology Group buy-out of Xerox`s local shareholding.

Paul Booth
4:10
Financials
Mar 31, 2003

Market doom and gloom?

Now that the war in Iraq has started, what we can expect the markets to do?

David Butler
1:20
WDB
Mar 28, 2003

Paracon in talks with WDB

IT services and solutions provider Paracon appears to be making progress with its long-awaited empowerment plan, with WDB Investment Holdings set to take a significant stake in the company.

Paracon
02:08
LG Premium service
Aug 17, 2022

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.

2:30
Pinnacle
Mar 28, 2003

Pinnacle`s net profit soars

Pinnacle Technology Holdings has reported a 69% increase in net profit for the six months to 31 December.

Iain Scott
1:40
Equity
Mar 28, 2003

Xerox sells local subsidiary equity to BTG

Xerox will sell its equity interest in its local subsidiary to current joint venture partner, the Bytes Technology Group (BTG).

Bytes Technology Group
1:40
MGX restructure
Mar 28, 2003

MGX forges ahead with restructuring

MGX Holdings is in talks to dispose of two of its subsidiaries in black empowerment deals as part of its overall strategic review. Talks are also under way on refinancing the restructured group.

MGX Holdings
04:36
Financials
Aug 4, 2022

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

1:50
Xerox
Mar 28, 2003

Bytes snaps up Xerox SA for R235m

Bytes Technology Group (BTG) has bought Xerox`s stake in joint venture Xerox SA for R235 million.

Bytes Technology Group
1:50
ITouch results
Mar 26, 2003

iTouch reduces losses

Mobile value-added services provider iTouch, founded in Cape Town and listed on the London Stock Exchange, has halved its losses in 2002 despite increasing its revenue by 124% to lb33.6 million (R424 million) through acquisitions.

Stephen Whitford
1:20
MTN Group
Mar 25, 2003

Johncom makes R93m from MTN

Johnnic Communications (Johncom) says it saw a R93 million windfall from its sale of MTN shares, but about 40% of its holding in the company is tied up by debt and employee obligations.

Phillip de Wet
01:28
News Video
Feb 26, 2022

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

2:40
Iraq
Mar 24, 2003

War worries halt market rally

Analysts say global investors who bet on a quick end to the war in Iraq may begin to take profits despite a technology rally in the US on Friday, as US-led coalition forces meet resistance.

Iain Scott
5:30
Weekly overview
Mar 24, 2003

Black empowerment moves

Last week saw two black economic empowerment (BEE) developments, with the merger of Casey and Ndizani in a move driven by the Black Information Technology Company, and the creation of TSS Managed Services, a BEE company.

Paul Booth
2:00
TSS
Mar 20, 2003

NDS, TSS form black-empowered firm

Tactical Software Systems (TSS) and Bytes Technology`s National Data Systems have formed a new black-empowered company, TSS Managed Services.

Iain Scott
 
Load more
SPONSOR MESSAGE
VIRTUAL PRESS OFFICE