The fund enables the commercialisation of technology innovations developed by South African universities.
JUMO eyes further African expansion after $55m funding
Some banks say they have no appetite for blockchain technologies; others, like Investec, are looking to roll out products and solutions.
On the eve of the budget speech, ICT sector pundits give minister Tito Mboweni some tips, as expectation for tech-driven solutions remains high.
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.
HP has hit back at Xerox, saying its proposal to take over the company is fundamentally flawed and is overstating synergies.
The company is expecting to return to profitability after writing down its shareholding in Cell C to nil.
Xerox says HP’s directors have adopted a “poison pill” and it will push for new candidates to run the company.
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
Defiant Chinese telecommunications giant Huawei announces a slew of 5G products and solutions amid its rift with the Trump administration.
The supplier of third-party maintenance for enterprise-sized organisations reported double-digit growth in its year-on-year results.
Revenue increased by 10% to R721 million and EBITDA remained level at R106 million.
The company fails to declare a dividend on the back of decreased profit for the six months to December 2019.
The company will sell its cyber security unit for $2.08 billion to a consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan Board and AlpInvest Partners.