The Internet Gaming Corporation, whose share was suspended in August after failing to appoint a sponsor and not submitting its financial results by the JSE`s deadline, has appointed a sponsor.
Fleet management company DigiCore has won its biggest contract to date through its European division. The deal is worth an initial R6.4 million.
Storage solutions provider Maxtec has reported an operating loss of almost R9 million for the year to 31 August 2001, despite a 44.7% increase in revenue.
JSE-listed IT staffing and education group Advtech lost its second group head in seven months when CEO Rob Childs, appointed in July, resigned from the group on Friday.
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.
Spescom remains bullish and says companies should stop using the US terror attacks as an excuse for their poor performance.
The first warrant to hit the market for electronic settlement makes its debut today.
AST has, as part of a consortium, won a contract for network deployment, support and maintenance for the Department of Justice in a deal worth over R200 million.
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
Stronger than expected quarterly results from US networking equipment giant Cisco Systems gave local IT groups Dimension Data and Datatec a fillip on the JSE yesterday.
Vesta Technology Holdings is closing a UK subsidiary and has warned that the group will report a loss for the year to 31 August 2001.
Technology private equity and venture capital fund Treacle Venture Partners has increased its stake in JSE-listed Datacentrix to 15%.
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
UCS Group has reported a decline in profits for the year to 30 September 2001, mainly because of a sharp drop in interest received and investment income.
BoE Bank`s e-commerce business unit, part of BoE Bank`s e-business division, is to be closed down.
The delay in Telkom`s IPO and the sudden plunge in Prism`s share price had the IT industry abuzz last week.