Rollups improve transaction processing speed and efficiency by moving computations off-chain and fixing some blocks of data on the chain.
Sbu Shabalala decides to terminate his employment with Adapt IT and resign as director of Adapt IT and its subsidiaries.
The start-up, which is focused on the South African market currently, plans to formally launch in East Africa in 2022.
The Special Investigating Unit announced yesterday it had been authorised to investigate four IT contracts awarded to EOH and its subsidiaries.
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 says the decision to list on A2X will give shareholders access to an additional platform with lower transaction fees.
The South African National Parks will stop accepting cash across 12 of its parks from 1 September.
Minister Lindiwe Zulu confirms the South African Social Security Agency will open online applications for government’s special COVID-19 grant on 6 August.
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
Analysts believe Serame Taukobong is a good appointment who will calm market jitters initially caused by news of the incumbent CEO’s departure.
The additional investment provided to the Eastern Cape will allow the mobile operator to grow its LTE footprint to close to 93% in the province by the end of 2021.
The telephony group is going strong, having produced a stellar performance in the quarter, as revenues in the consumer segment ticked up.
Naspers, through its early-stage tech investment vehicle Naspers Foundry, leads a multimillion-rand investment in Naked.
SARS is tightening tax collection on crypto-currency transactions, which makes it important to distinguish between events that will trigger income tax rates or CGT rates.