Its initial public offering of 7?750?000 ordinary shares are at a price to the public of $10 per share.
The FinTech investment holding company today listed on the JSE, becoming the bourse's fifth special purpose acquisition company.
The PIC will provide funding for the cellular product distributor to expand its business in SA and across the continent.
The JSE-listed company declares an interim dividend of 20?cents per share, a 25% increase over the prior year.
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 telco's interim earnings took a big knock due to a hefty bill for the voluntary severance packages of over 3?100 staff.
Mobile service and subscription revenue increased 41% to R1.2 billion, and mobile data revenue increased 69% to R711 million.
The operator will not have to pay a $5.2 billion (R74 billion) fine in Nigeria today as expected.
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 company increases its investment in mobile advertising company Eyeballs, taking almost full control.
Niel Schoeman, founder and CEO of Vumatel, and Peter du Plooy, CIO of Engen Petroleum, scoop IT Personality, Visionary CIO awards respectively.
The company has acquired a 24.5% stake of the local arm of In2IT Technologies, a global technology?services firm.
Strong international growth and increased data revenue saw Vodacom's interim group revenue move up 6%.
The telco confirms market speculation that it is in negotiations to buy rival, Cell C.
