MTN's?broad-based empowerment?transaction,?Zakhele Futhi, raised more than R1 billion from 81 000 applicants in South Africa.
Analysts see Telkom's decision to offer government discounted fixed-line prices as a defensive move to protect its fixed-line revenues, which remain significant.
Neotel is restructuring its procurement division, but this is unrelated to the upcoming merger with Liquid Telecom, it says.
Headquartered in the UK, Kerridge Commercial Systems will acquire the Johannesburg-based software solutions company.
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 cost-effectiveness of the ERP platform as the centre of the multi-cloud world enables the business to put its money where it matters most, says Bernard Ford, CEO of One Channel.
DocFox and Norton Rose Fulbright have partnered on a cloud-based Web application to streamline the authentication process.
The number of financial phishing attacks is expected to rise during the holiday season which starts on Black Friday and continues through the Christmas holidays, says Kaspersky.
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 e-books and e-learning company gets backing from existing funder AngelHub Ventures, as well as new investors in SA and the UK.
Interim core headline earnings per share are expected to be at least 23% better than last year, while earnings per share are expected to drop.
Fintech platform revenues for lending and financing will exceed $10 billion by 2020, led by crowdfunding and peer-to-peer lending, says Juniper.
CiTi partners with FinTech Circle Innovate to fast-track SA's fintech and entrepreneurial development.
The group secures a $300 million syndicated loan to fund its R6.55 billion acquisition of Neotel as well as further African expansion plans.