Datatec`s telecommunications consultancy, Mason Communications, has secured a number of large contracts in the UK that will contribute to the group keeping its nose above water in the troubled markets.
JSE-listed Global Technology Holdings (Glotec) has made its first venture into Ethiopia, securing a $1.2 million contract with the Development Bank of Ethiopia.
Alexander Forbes Financial Services Ltd, the UK arm of JSE-listed Alexander Forbes Ltd is the top independent financial advisor (IFA) in the UK pensions market according to a survey published by Money Management.
IT stocks on the JSE rose today to catch up with last night`s US market rally that was led by technology and blue-chip stocks as investors bet on a quick war in the Middle East.
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.
Johnnic Communications (Johncom) has appointed Connie Molusi as CEO with immediate effect.
The technology services division of black-owned Ndizani Technology Holdings is to be merged with the operations of Casey Investment Holdings. Both are majority-owned by empowerment firm Black Information Technology Company.
The value of Telkom`s listing increased by about R418 million after Deutsche Bank and JP Morgan Securities exercised an over-allotment option.
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
Robin Rindel has stepped down from the board of networking and IT services group Datatec.
Last week saw two negative milestones: the largest ever European corporate annual loss and the largest ever write-off in US corporate history.
Analysts expect AST Group to report a loss of about 1c a share when it releases its interim results towards the end of the month. However, a medium-term recovery is on the cards.
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
Web sites are often the first point of contact for an investor when dealing with big corporations. However, a survey found that some of the biggest companies on the JSE are still lagging behind in the development of their sites.
Network service provider BCS-Net, which was 82% held by liquidated Finstruct, has been bought by an empowerment consortium.
Local and international fund managers are increasingly looking at outsourcing administration tasks to cut costs and SA is well positioned to take advantage of this, if only bandwidth could be sorted out.