The board has put a strong governance framework in place and set up audit and risk, social and ethics, and remuneration committees.
The latest development puts an end to months of a cat-and-mouse game, which saw Xerox aggressively push for a takeover.
The mobile operator says it is among the largest taxpayers in many of the markets it operates in.
As the world grapples with a looming recession, fintech players are expected to be the big winners, as they see a rise in demand for their services.
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.
There is now a zero-risk, zero-cost way to establish renewable energy in Africa, says Wessel Wessels, head of sales, Alternative Energy at NEC XON.
Of the total $800 million, over $200 million will go towards an investment fund that will provide financial support for small businesses amid the COVID-19 outbreak.
As the country works to contain COVID-19, the bourse launches what it says is the first fully remote and Web-based shareholder meeting of its kind in SA.
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
John Singh, head of the Institute of Information Technology Professionals SA Blockchain Special Interest Group in KwaZulu-Natal, believes there will be strong demand for blockchain and crypto-currency skills in future.
The company commits R1.5 billion in emergency aid to government’s response to the COVID-19 crisis.
The bank offers 1GB free data to customers during the nationwide lockdown, as SA looks to curb the spread of the deadly coronavirus.
The company will no longer make investments in firms that sell the controversial technology, and will disassociate itself from AnyVision.
The pandemic dominates the local and international ICT markets, and is likely to do so for the foreseeable future.