Unihold saw its attributable earnings fall 58% and weighted headline earnings per share fall almost 93% in the 12 months to 30 June 2001.
JSE-listed CS Holdings improved its operating margins and headline earnings significantly in the year to 30 June 2001, and CEO Annette van der Laan says most of the company`s growth was organic.
Ixchange Technology Holdings, which has reported a full-year headline loss of 170.54c per share, has restructured its operations and board of directors, with chairman Dana Buys taking up the CEO post.
October, the month investors fear the most because of its historical link with financial market woes, will have an added spectre this year - the introduction of Capital Gains Tax (CGT) in South Africa.
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 IQ Business Group has appointed 29-year-old Chris Sinclair CEO of the company`s South African operation, to take over from group CEO Johan Roets, who is to focus on the European operations.
JSE listed AST Group has acquired Nemotech for an undisclosed sum, marking the group`s entry into the smart card solutions business.
E-services provider Aqua Online increased its headline earnings per share by 97% in the year 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
The Bidvest Group has acquired about 1.14 million shares in I-Fusion Holdings, lifting its stake to 78.13% of the IT company.
There has not been one failed share trade on the JSE under the electronic settlement system since the inception of Strate, a far cry from the paper-based system.
Prism Holdings, the JSE-listed secure electronic payment technology and services provider, has for the first time generated most of its revenue offshore.
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
The woes of Community Technologies (C-Tech) continue as the audit opinion of its already late year-ends has been disclaimed.
The Insider Trading Directorate has referred for legal action its investigations into trade in Spicer shares.
Technology distributor Rectron Holdings` South African operations performed well in the year to 30 June, although the company took a knock on its offshore activities.