Revenue grew to R81 billion as the mobile operator added 5.5 million new customers across its five African operations, with three million of those in SA.
The SA-based telecoms operator will acquire a 35% strategic stake from Vodafone in exchange for 226.8 million new Vodacom ordinary shares.
Asher Bohbot will leave the technology services company after 19 years and will be replaced by Zunaid Mayet.
The group has made good progress in divesting of its non-core assets and has significantly reduced losses from these operations.
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 new service has been developed to enable a broad range of financial services providers access to the power of biometrics - without the risk of an upfront capital investment.
The client is able to supply evidence of their identity and proof of address by taking photos of their original documents and submitting them via the local company's app.
The group's technology division helped push interim revenue 47% higher, as it prepares for a potential listing of this division.
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 social security agency vows to appeal a High Court ruling that could lead to "unimaginable unintended consequences".
The international ICT solutions and services group is expecting a major full-year earnings decline, as struggling subsidiary Westcon-Comstor continues to pull earnings down.
The social security agency reportedly needs about R6?billion to take control of social grants payments.
The JSE-listed company has acquired hospitality solutions specialist Micros for R120m.
Consumer surveys consistently find that the financial service industry is one of the least trusted sectors. Restoring that trust is imperative, says Rubi Blue.