The Overseas Private Investment Corp will invest in the Redstone solar project in the Northern Cape.
The bank's customers can now avoid queues and apply for a current account on any smart device.
Justin Stanford makes a 'six-figure' investment into Cape Town-based start-up, FitKey.
The South African software developer has been bought by UK cloud service provider Redstor for an undisclosed amount.
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.
Full year revenue is 35% up, thanks to strong organic growth and successful acquisitions.
Revenue increased by 35% to R9 734 million, and profit after tax increased by 41% to R692 million.
According to Gartner, IT spending in South Africa is forecast to reach $26.6 billion in 2016, an increase of 5.1% from 2015.
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
Banks must be able to automate large transactions so content can be accessed from a central point, removing the need for physical forms.
The deal will see the company bolster its existing network and communications, datacentre and outsourcing businesses.
Based on the company's Xetra closing price of 2 September (€24.02), this equals up to approximately 2.9 million shares.
The Relationship Banking service offers 24/7 real-time support via WeChat from a team of bankers.
Government approves tax incentives for 227 companies involved in scientific and technological research and development.
