In the six months to 31 December 2020 attributable profit after tax increased 37% to R28 million, and cash generated from operations increased 67% to R124 million.
The company says it has shown resilience in a year most businesses were affected by the COVID-19 pandemic and other macro-economic factors.
The company says the decision affirms its view that there are concerns regarding the lawfulness of the ICASA process.
In light of International Women's Day, the tech giants establish initiatives to help create pathways to prosperity for women and girls across Africa.
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 financial services group has implemented the elastic and scalable InfiniBox solution from Infinidat.
The South African fintech firm confirms plans to extend operations internationally, setting its sights on the Middle East, Europe and Asia Pacific.
Nine suspects will this week appear in court for allegedly hacking City of Tshwane servers, defrauding the municipality of R53 million.
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
Vodacom’s black economic empowerment scheme names Thabo Mokgatlha as chairman to replace Zarina Bassa, who will step down later this year.
One year after closing down crypto-currency-backed accounts, FNB CEO Jacques Celliers says the bank is open to embracing crypto assets like Bitcoin.
The company says the deal will economically empower musicians and find new ways to support their work.
The big-four bank starts to reverse the double transactions from its customers’ bank accounts.
The bid for the long-awaited Ethiopian telecoms operator licence opens tomorrow and mobile operators have a month to submit their proposals.