The computing company says it has had conversations with Xerox over a potential takeover.
Analysts question if management has turned the business around quick enough to be able to generate sustainable profit.
The hub is expected to create opportunities for vehicle component manufacturers as well as 6 700 jobs.
Even well-funded fintech firms sometimes fall prey to myopic thinking around regulation.
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 ZNDC's clients now have the assurance that their systems and data are protected according to global best practice standards.
Google has bid $2.1 billion for Fitbit, the wearable device maker.
The Department of Trade and Industry launches an online portal which allows entrepreneurs to register a company within a day.
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
The bank’s customers turn to its Instant Money offering, with a month-on-month increase of 70 000 new customers using the service.
The company begins the construction of its Karusa and Soetwater wind farms, with an installed capacity of 140MW each.
Technology hubs thrive across Africa, with a total of 643 identified as of October, as the continent seeks to create its next ‘unicorns’.
Digital alternatives must be able to offer the same perceived benefits as their cash counterparts in order to successfully compete with them.
The country records gains in gross domestic expenditure on R&D, with the business sector remaining the big R&D spender.