The Financial Services Board is to ask anyone who sold Spicer shares on four separate dates to lodge claims for compensation to be paid from the fine levied on former Spicer chairman Sas du Toit.
Investors still interested in trading their Brainware shares will have to wait a little longer as the company has postponed the lifting of its trading suspension until further notice.
The recent terror attacks in the US have begun to take their toll on South African business, with market uncertainty causing Iscor to delay the disposal of its shares in AST Group.
Logistics and technology supply chain company Imperilog has received a summons in relation to a dispute over a business sold in 1998.
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.
Paul Booth heaves a sigh of relief upon his return to SA after being stranded in America after the terrorist attacks. He takes a look at the past three weeks` major IT and telecoms happenings.
Binding heads of agreement have been signed by Prism and a non-listed black empowerment group for a stake in the local operations of the listed secure electronic payment group.
Consulting and IT services group CS Holdings is in talks with a potential black empowerment partner.
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
Fleet management and IT company DigiCore Holdings exceeded its forecasts for its third year as a listed company and says the outlook for the future is positive, especially given offshore opportunities.
Metropolis shareholders are to receive 11.44c in cash and 28.56c in new Primedia ordinary units for every Metropolis share they own.
The Dimension Data share has taken a hammering after a downrating by two investment banks.
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
JSE-listed Infowave has sweetened its figures for the interim period, benefiting from annuity-based income, specifically from KwaZulu-Natal`s sugar industry.
Altech subsidiary Netstar has signed a multimillion-rand deal to take its services into Malaysia. CEO Craig Venter says the deal will generate R15 million in the first two months.
The AST Group has acquired Australian systems integrator Red Rock Consulting for the equivalent of R58.3 million.