R2 billion from the sale of government's Vodacom shares will fund the New Development Bank, says National Treasury.
The Medium-Term Budget Policy Statement reveals growth projections lower than 2% for South Africa's economy.
A sum of R10 million was shifted from the telecoms department to the Department of Communications for promoting digital migration.
Faced with declining voice and interconnection revenue, the telco partners with Old Mutual to offer funeral cover.
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 science council posts a R52.4 million profit despite operating in a tough economic environment and limited funding.
Pluritone worked with EpicCo Accounting and Advisory Services to develop the EpicTax Mobile App.
The EMC-Dell deal will result in two divisions of the company being formed if it comes to completion.
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 listed technology services company acquires Mehleketo, a R300 million rail automation and technology solutions provider.
The local vehicle recovery company may set up shop in Central Florida, bringing with it more than 100 job opportunities.
The IT solutions and services company pays R160 million in cash and raises the remainder from shares.
Dell's proposed $67 billion takeover of EMC has met with mixed reactions in a market that is no stranger to M&A activity.
Christian Roelofs and Kevin Quarantello have been appointed to accelerate strategic and business development at Datatec.
