The IST Group has issued options for 11 million shares to new empowerment partner AKA Capital.
The last two weeks saw Microsoft`s anti-trust settlement case drag on, and a host of local financial results.
Elexir Technology Holdings has failed to submit its audited annual financial statements in terms of JSE regulations, as auditors have not yet formed an opinion on Elexir`s going concern status.
Kunene Technology, which last night reported a 72% increase in its interim headline earnings, has given no further details of the potential unbundling of its stake in Grintek.
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.
Vesta Technology, having endured cancelled agreements and the closure of its British Virgin Isles company, has reported a loss for the year to August 2001.
FrontRange, formerly Ixchange, says it will continue as a going concern, despite reporting a 47% worsening in its headline loss per share for the half-year to 31 December 2001.
After announcing the completion of its rights issue to raise working capital, Prism says it will "cut its cloth according to its cash" when it comes to continued operations.
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
The Idion Technology Holdings share price dipped 3c or 7.89% in morning trade on the JSE today after the group reported a headline loss of 31.8c a share for the year to 31 December 2001.
Datacentrix has announced an issue of shares for cash which will raise R18.88 million and see empowerment partner Eglin Investments (New CNI) take a controlling stake.
IT products and services supplier Pinnacle Technology Holdings has reaped the benefits of cutting costs and a focus on more profitable businesses.
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
Altech subsidiary Bytes Technology has bought Old Mutual`s 40% shareholding in software subsidiary Uskotec for an undisclosed sum.
The IQ Business Group has sold its hospital business, formerly IQ Health Tech, to Digidata for an undisclosed sum.
The JSE announced today that Community Technologies (C-Tech) shares have been suspended on the bourse at the request of the company`s directors.