The digital-only bank seeks to break-even and reach profitability in the coming year, says CEO Coen Jonker.
The companies will undergo intensive review of their strategies and be provided with coaching from global resources.
The fintech SME funder will become part of the digital-only bank, opening up working capital for small businesses.
The roads agency seeks bids for the operations and maintenance of the open road tolling system, despite the lack of clarity on the future of e-tolls.
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.
To beat ransomware, you need to properly understand it, says Pieter Nel, regional head: SADC at Sophos.
Today’s financial departments have access to technology that allows them to become highly tuned time machines, says Janro Grey, FPM solution delivery manager at iOCO Data and Analytics.
Telkom’s fibre company continued to be a shining star in the group’s stable during Q1 of fiscal year 2023.
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 US-based firm now owns a majority stake in the data centre services provider, after a successful acquisition.
The needle of SA’s gross expenditure on research and development shifts further away from the target of 1.5% of gross domestic product.
Certain agreements are not yet in final execution form and are in the process of finalisation, says Blue Label.
Buoyed by the strong showing of its Nigerian operations, MTN expects a blowout half-year financial performance.
Last month saw the appointments of new CEOs and MDs at ICASA, Kyocera Document Solutions, Lenovo, SAS and SITA (acting).