The agency shifts focus to financial sustainability over the medium-term, as it looks to turn its fortunes around.
ICASA will receive additional funds in the 2022/23 financial year, as it readies to license spectrum.
Key ICT projects include plans to provide policy direction for the deployment of 5G over the medium-term.
National Treasury’s allocations show no budget for South Africa Connect phase two in the 2022/23 financial year.
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 company reveals that fraud perpetrated by former senior executives at one of its subsidiaries amounts to R315 million.
The South African-founded chat-based commerce platform secures $91 million in its series C round.
The finance minister must recognise e-hailing workers as micro-entrepreneurs, with SMME budget and tax incentives.
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 start-up will use the investment to bring merchants in Africa’s informal sector into the contactless payments fold.
It seeks an order to declare the DHA and EOH Mthombo agreement unlawful and unconstitutional and set aside.
Symtrax E-Invoicing is a turnkey automated electronic invoicing solution that is adaptable to international platforms.
Homechoice unit Weaver Fintech buys an 85% stake in Cape-based buy-now-pay-later start-up PayJustNow.
The company supports Floatpays in its aim to help people avoid debt and provide support to South Africans during challenging economic times.