Research conducted by MyTax, the online tax filing service provider, and Deloitte & Touche shows SA businesses are generally positive about the prospects of conducting their tax affairs over the Internet.
The IQ Business Group has acquired a 30% stake in consulting and financial solutions company Adastra Technology Corporation, with the option of acquiring a further 21% in nine months` time.
Supply chain logistics fulfilment group OneLogix has posted maiden annual results in line with expectations, and is forecasting continued organic growth for the future.
Grintek Power Technologies has almost tripled sales of its direct-current power solutions to the telecommunications industry, and is benefiting from the introduction of a third cellular network operator.
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.
Net1 Applied Technology Holdings (Aplitec) says its business model has paid off, resulting in a 21% increase in headline earnings per share for the year to 30 June 2001.
Dynamic Cables RSA, formerly Conlog Holdings, has turned around since shedding its old business and changing its focus, posting a profit for the six months to 30 June 2001.
The list of technology companies reporting losses continues to grow.
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 South African Revenue Services has now ensured that investing offshore is taxable if an income is earned from such investments.
The establishment of a new Dutch desk at Deloitte & Touche reveals high levels of business interest between the Netherlands and SA.
Dimension Data subsidiary Datacraft Asia increased its operating profit after tax and minorities by 40.2% in the year to 30 June 2001, and is forecasting more growth in the coming year.
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
Overdue results are the latest in the list of woes facing Core Holdings, which must deliver its annual results or face suspension from the JSE.
Cash company CCH`s financial results to June show positive cash for the group, which is about to distribute a cash payout to shareholders as it winds up.
Despite its EC-Hold acquisition troubles, MGX has reported solid results for the year, which reflect the short-term impact of the CCH acquisition and what the company describes as "difficult trading conditions".