The Competition Commission refers to the Tribunal for prosecution of the social media giant and its subsidiaries for abuse of dominance.
The group is working on getting regulatory approvals to reduce its shareholding to approximately 65%.
Cloud technology, integrated financial software and connected apps are some of the digital goodies that will make life easier for SMEs this year.
OVEX offers a clean credit line of over R100 million to large volume clients wanting to trade crypto assets against ZAR.
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 regulator successfully completes first week of international mobile telecoms radio frequency spectrum auction.
The JSE-listed group says the sale of the business is in line with its strategic goals of deleveraging the balance sheet.
The venture capital firm buys a stake in Homecoming Revolution’s Insights By Experts talent-on-demand digital platform.
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 company reported a full-year revenue of RMB114.5 billion in 2021, 12.9% higher than a year earlier.
The new entity is expected to increase the spread of ownership by historically disadvantaged people and workers.
It took Altron’s ACS Integrated Transaction Solution team one year to prove its worth and be appointed as a PAX Technology regional partner.
The video entertainment company has reached an amicable comprise with Nigerian authorities regarding its tax affairs in that country.
According to the bank, digital initiatives helped to increase the number of digitally-active retail clients in SA by 11% to 2 3 million.