JSE-listed Spescom's US subsidiary, Spescom Software, has cut its losses dramatically and is confident of further improvements.
JSE-listed CS Holdings, which has reported a 46% increase in interim headline earnings, says it is strongly positioned to gain market share in a consolidating IT market.
In the last few months of 2002, traders have seen somewhat of a return to those heady bullish days of the late 1990s and early 2000s, with markets recording considerable gains, day after day.
Controversy surrounding the interpretation of legislation pertaining to the monitoring of workers` communications continued last week.
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.
AXS-One has announced fourth quarter revenues of $9.6 million, compared to the same amount for the corresponding quarter last year, marking the company`s sixth consecutive quarter of profitability.
Spescom Software has announced total revenue for the fiscal first quarter of $2.3 million, up from $1.7 million for the comparative period last year.
IT solutions and resourcing company Paracon has issued a profit warning.
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
FrontRange has managed to report a small headline profit for the first half of its financial year, reversing the R155 million loss of the year-earlier period.
Sophos has announced a 44% growth in revenue in its year-end results, says local distributor Netxactics.
The MTN share rose 36c to R13.54 yesterday after the cellular network said its subscriber base had risen about 17.7% to almost 6.7 million subscribers during the third quarter to 31 December.
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
Deloitte Touche Tohmatsu says its member firms have been named the world`s Best Securitisation Accounting Firm by the International Securitisation Report (ISR), a securitisation trade publication based in London.
Mustek has announced the results of its offer to shareholders to sell up to 10% of their stock to the group.
BMC Software has announced third quarter net earnings of $34.6 million and diluted earnings per share of $0.15.