Maxtec`s group MD has resigned, but executive chairman George Talbot says this move was part of a long-term plan and he expects the new management structure to benefit the company.
As investors run for cover after the terrorist attacks and brace for America`s impending retaliation, TMT stocks may begin to attract longer-term investors looking to take advantage of heavily discounted prices.
The JSE pulled back from its lows yesterday after the US markets, trading for the first time since last Tuesday`s terror attack, opened well in the red, but better than expected.
Education, training and placement group Advtech has reported an attributable loss of almost R7 million for the six months to 30 June 2001.
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.
The JSE has advised investors that Y3K and Y2KTec`s financial results are facing modified audit opinions.
The Internet Gaming Corporation, whose share is under suspension for breaking two JSE rules, has reported a headline loss of 3.81c per share for the 12 months to end-February 2001.
Once the economy recovers, the IT industry will return to the cyclical nature it experienced before the over-investment cycle of the past two years, says Datatec CE Jens Montanana.
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 Kunene Technology is enjoying the fruits of its majority holding in Grintek, and financial figures show relief from limiting exposure to Siltek.
JSE-listed ERP.com Holdings has posted strong results for the year to 31 July 2001, and CEO Peter Forsyth is promising even better growth in the coming year.
Global Technology (Glotec) is celebrating solid financial results, a double JSE listing and its staff members` miraculous escape from the Temenos offices in the World Trade Centre (WTC).
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
As the world reels in the aftermath of yesterday`s terror attacks on the US, local markets are playing host to "a race between financial and technology indices to find the bottom". However, an Absa economist says some technology stocks may benefit in the mid-term.
Gandulf Trust has stepped into penny stock technology company Dectronic to perform a rescue operation, following the same recipe as it used at floundering biotech company, Micrologix.
Brainware will resume trade on the JSE by 26 September as a cash company after receiving the bourse`s approval.