Financials news | ITWeb

Sectors

Companies

About

Home
/
Sectors
/
Financials

IQ Business Group founder quits

Johan Roets, founder and group CEO of The IQ Business Group, has resigned, saying the group needs a different approach to management.

IQ Business Group

Further cost-cutting improves IFS Q3 results

IFS says its profitability improved in the US for the January to September 2002 financial period.

Nasdaq-listed Flextronics buys SA`s Azisa

South African technology services company Azisa has been bought by the Nasdaq-listed Flextronics. One of the reasons for the deal is to establish design and development facilities in a low-cost region.

Temenos cuts staff, reports loss

Temenos, 15%-owned by Global Technology Holdings, has laid off 13% of its staff. Restructuring costs have had a significant impact on third-quarter results.

LG Premium service

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.

Global Trader 247

Global Trader 247 strengthens global management team

Spread trading company, Global Trader 247 (GT 247) has recently appointed a chief operating officer, David Mercer, to join the global management team of Fleur Gremmen (CEO) and David Butler (chairman).

VenFin lights fuse under DiData share

Dimension Data`s share price continued to surge this morning after VenFin agreed to subscribe fully to a new $100 million convertible bond issued by Dimension Data. But analysts are divided on the benefits of the deal.

Computer Pro sells 51% stake

Networking and maintenance specialist Computer Pro has sold 51% of its equity to become a black-owned company.

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

Weekly overview

SNO movement

Last week saw some forward momentum in the second national telecoms operator process.

OSI slips back into the red

Unable to sustain the return to profit at its last year-end, JSE-listed OSI Holdings has reported a R714 000 attributable loss for the six months to end-September.

Financial Results

Staffware posts increase in Q3 sales

Staffware has announced third quarter sales revenues of lb8.1 million, an increase from lb7.9 million for the comparative 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

J&J buys 25% of Perago

J&J Group`s acquisition of half of Comparex`s 50% stake in Pretoria-based financial IT company Perago is the first step in J&J`s plan to develop a software company to take on the international payments market.

Spread trading, a user case study from Global Trader 247

Global Trader 247 gives an actual example of a spread/CFD trader, and his experiences using the GT 247 platform.

Crux minorities offered 5c a share

An offer has been made to buy the shares held by Crux Technologies minority shareholders at 5c each, a 2c premium to the share price at the close of trade yesterday.

SPONSOR MESSAGE

VIRTUAL PRESS OFFICE