First-quarter results demonstrate a surge in enterprise demand to run mission-critical applications on its hyperconverged infrastructure, the company says.
A R2.2 billion bill for staff retrenchments saw the telco's profit after tax fall 25%.
The Social Services Agency refutes allegations it incurred a huge loss from "unlawful deductions" by the firm contracted to disburse social grants.
Tech start-up Snapt will receive more than R15 million in funding from Convergence Partners.
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.
Former Altech CEO Craig Venter walked away with a total of R21.9 million from Altron, including a R15 million "separation payment".
CEO James Herbst and director Anton Potgieter each receive a huge fine for contravening the JSE's rules around related-party transactions in 2008.
The telco ramps up efforts to migrate customers to wireless and fibre technologies as copper cable theft continues to have a serious impact.
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
Futuresense attended the CFO Awards Conference and Gala Dinner, including a masterclass and a series of high-level round-table discussions.
The company reports subscriber base growth as it further entrenches itself in Europe, Middle East, Africa and Asia.
Trov lets users instantly secure specific devices for particular periods of time.
Craig Venter is "exceptionally concerned" about the big drop in the Altron share price over the past year.
The group contemplates mergers and acquisitions due to positive share price growth and cash flows from Huge Telecom.
