Shareholders in MultiChoice’s empowerment scheme will cash in a R1.5 billion dividend approved at the annual general meeting yesterday.
The company failed to exercise the highest standards of care when disseminating financial information to the market, says the Johannesburg Stock Exchange.
Cisco plans to acquire Silicon Valley start-up BabbleLabs, to improve the audio quality of its Webex conferencing service.
The student financial aid body will publish a new tender for the supply and delivery of the devices on 4 September.
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.
ARC subsidiary GemCap has invested in Linebooker, SA's first commercial online transport bidding platform.
The South African Social Security Agency will once again open its online system to allow recipients of the R350 social relief grant to change to their preferred method of payment.
The Portfolio Committee on Home Affairs is critical of the delay in concluding an investigation into the missing master files in a R400 million contract involving EOH.
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
UBU International gives businesses their own branded loyalty wallet where their customers can get direct loyalty rewards and also shop in the wider UBU Marketplace.
The bank acquires a 35% stake in online escrow company TradeSafe amid a rise of digital transactions in SA.
The artificial intelligence firm is transforming from being a start-up to a global player after a funding injection.
Highlights of the report include a 9% increase in revenue from R234.6 million to R255.8 million, with accounts receivables increasing by 2.7% to R77.4 million.
The mobile operator appoints former Nedbank exec Raisibe Morathi as its new group chief financial officer, effective 1 November 2020.