IT systems integrator Comparex has appointed a new chairman to replace Roux Marnitz, who is retiring to focus on his aviation interests.
The new board of JSE-listed Cyberhost is looking at changing the group`s name in a bid to shed the last vestiges of its negative past.
Standard & Poor`s affiliate CA Ratings has given JSE-listed Mustek a zaBB+ long-term rating and says while it falls short of being an "investment grade" in credit terms, it has a solid outlook for the next three years.
UK-based AFA Systems plc, which acquired former JSE-listed Smacsoft in February this year, sees SA as a good place to invest, and hopes to make further acquisitions locally.
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.
While none of the players disputes there were problems with the Solomon accounting package which allegedly hit Siltek`s books to the tune of up to R200 million, the original distributor believes the failure may rest with Siltek rather than the product.
JSE-listed IST Group has continued its turnaround, increasing headline earnings 468% in the six months to 31 August 2001.
Brainware`s share suspension is finally to be lifted on Wednesday.
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
Siltek has not reopened today, and there is uncertainty about when it will.
Datatec has decided to restructure its maligned bonus scheme for directors.
The market reacted less favourably to news of Dimension Data`s latest acquisition, Future Media, with DiData`s share losing nearly 7% in early trade.
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
SA`s largest unlisted IT and business process group, The IQ Business Group, has reported growth of 80% in its third year of operation.
JSE-listed Datacentrix attributes its steady growth for the interim period to its focus on business-critical solutions and services, which it says has shielded it from the IT slowdown.
Siltek's application for provisional liquidation yesterday has left a gap in the channel, and resellers and distributors alike are eager to allay investor scepticism.