Beget Holdings lists on the JSE today, the first new technology company to do so since August 2000.
UCS Group has acquired Virtual Systems Technology (VST) from Softline for a cash payment of R13 million.
Aqua Online Holdings shareholders are to receive 14c a share after the group, smarting from changes in the online gaming industry, disposes of its operations, delists and winds up its business.
Naspers has managed to halve its losses but still remains deeply in the red. Its technology division is one area where it has managed to turn things around, but it says sales are expected to slow down.
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.
The listing of Beget Holdings has been set for next Monday after being delayed for the third time. MD Andr'e Potgieter says the latest delay was the result of a JSE requirement for additional information. The group was to have made its debut this week.
Dimension Data subsidiary Datacraft Asia has partnered with EMC Corporation, allowing it to incorporate EMC`s networked storage platforms and open storage management software into its solutions.
Many African banks need to upgrade their systems but have been hit by the double whammy of licence fees being paid in dollars, and support and customisation being sourced from countries outside the continent.
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
Datatec`s Westcon subsidiary is nearing completion of a project aimed at revitalising the troubled European-based Landis business it acquired in May.
Fleet management solution provider DigiCore Holdings has become one of the first international technology suppliers to comply with the European Union`s latest e-certification criteria for the automotive industry.
Johnnic`s digital media division cut its losses significantly in the six months to end-September.
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
Last week saw changes at MGX, with Peter Flack appointed as chairman and interim CEO in order to head up a strategic review of the company`s operations.
Alexander Forbes Asset Consultants has implemented a number of changes to its Manager Watch series of surveys, to track recent merger activity in the asset management industry.
Stella Vista Technologies has been hit hard by a market slump and its plans to expand offshore have been retarded by current market conditions.