JSE-listed Fintech has reported its first interim results since restructuring itself and unbundling its stake in Bytes Technology Group.
While capital gains tax officially made its debut in SA yesterday, it will be a good six months before the tax has been bedded down.
IT products and services supplier Pinnacle Technology Holdings experienced a tough year to 30 June 2001, reporting a plunge in headline earnings to just 0.15c from 3.74c previously.
Siltek`s year-end numbers were due out last week, but a cautionary notice was issued late on Friday indicating a delay until the finalisation of the capital restructuring plan.
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.
Shawcell Telecommunications, which has reported its results for the six months to 30 June 2001, has restated its results for the same period a year ago as a result of fraud at its EuroPoint division.
Siltek has delayed the release of its financial results for the year to 30 June 2001, saying they will be published only once its capital restructuring plan has been finalised.
AFA Systems SA, formerly the JSE-listed Smacsoft Group, contributed significantly to the results of London-listed AFA Systems in the six months to 30 June 2001.
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
JSE-listed Spicer Holdings, which has only one operating asset left, has reported a loss of almost R12 million for the year to 30 June 2001.
Corporate Internet services company Cyberhost says although it has been in danger of ceasing its operations, the new board has initiated a recovery programme.
Electronic settlement company and central securities depository Strate is to increase its fees from 1 October.
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
Wipcapital has launched a fund that targets IT and applied technology investments.
A global economic slowdown and disruptions caused by Xerox's acquisition of the Tektronix colour printing and imaging division has led to an interim headline loss being incurred at Square One Solutions.
The restructured Bytes Technology Group has reported headline earnings of 14.26c a share for the six months to 31 August 2001, compared with a 324.3c loss per share for the same period last year.