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Faritec attributes growth to renewed focus

Faritec Holdings says its recovery from the slump of 18 months ago is largely thanks to a renewed focus on what originally made the company successful.

Peregrine Systems invests R140m in MGX

Nasdaq-listed Peregrine Systems has invested R140 million in MGX Holdings in the form of a convertible promissory note, the proceeds of which will replace short-term borrowings.

Budget predictions from Deloitte & Touche

Nithia Nalliah, corporate tax partner at Deloitte & Touche tells us what he expects on the tax front when Finance Minister Trevor Manuel releases the 2002/2003 Budget.

Deloitte & Touche

Faritec grows in all its business areas

JSE-listed Faritec has reported growth in all its major business areas in the six months to 31 December 2001.

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.

AST reports growth, reaches key objective

JSE-listed AST says it has reached its 1998 prelisting strategic goal of achieving critical mass in each of its technology businesses.

Prism share volatile after poor results

Secure electronic payments and transactions technology company Prism`s share remains volatile after having lost half its value in one day last week following the release of disappointing financial results.

Prism Holdings Limited

Alliances become key part of DiData strategy

Forming global alliances has become a key part of Dimension Data`s strategy, as the company recognises that no one "can go it alone", says executive chairman Jeremy Ord.

Dimension Data South Africa

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

Local results dominate quiet week

At home, the raft of local results, with those of ERP.com standing out significantly, stole much of the local headline space.

Aplitec enjoys growth from improved margins

Net1 Applied Technology Services (Aplitec) has reported interim results showing profit from operations up by 16%. The company attributes this to improved efficiencies and significantly improved margins.

Status of Milprop`s listing to be known soon

Shareholders in Millennium Information Technology Holdings (Milprop) will know by the end of the month whether their company`s share will continue to be listed on the JSE.

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

Flat earnings from OneLogix

OneLogix, the JSE-listed supply chain management and logistics fulfilment services company, grew its interim operating profit 30.9% before depreciation and amortisation, although headline earnings per share rose only 1.2%.

Bitter parting for JD Edwards, ERP.com

A partnership between JD Edwards SA and ERP.com Holdings has ended acrimoniously.

Manuel to address Saambou issue today

Finance minister Trevor Manuel is expected to shed some light on the Saambou crisis in an address in Parliament today, as anxious bank employees and clients await more news.

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