Investors and analysts react positively to MTN's decision to pay R3.8?billion towards reaching a conclusion to its Nigerian regulatory woes.
The former top IT analyst and Macquarie First South CEO joins Huge Group as independent non-executive chairman.
Funding for the national broadband connectivity project will reach R1.6?billion over the next three?years.
Home affairs will spend R1?billion over the next three financial years to modernise its information systems.
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 Independent Communications Authority of SA will receive the bulk of the communication department's budget.
The Post Office will deliver set-top boxes as the country migrates to digital television, promises telecoms minister Siyabonga Cwele.
A strong set of interim results emerge as the company looks towards its R4?billion planned Cell?C investment.
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 offering is expected to close on 26 February 2016, subject to the satisfaction of customary closing conditions.
The two companies will provide ZA Domains' domain resellers and domain registrars with simple payment solutions.
The company achieved more than $100 million in revenue in 2015, maintaining its profitability, and it celebrated its 10th anniversary in December.
The operator's warning of a 20% earnings drop is no reason for investor panic, say analysts, although some volatility is expected in the short-term.
Success in the digital era depends on a bank's ability to respond logically to the threats and opportunities of fintech innovation.
