The telco restores dividends as its financials improve, but its operations require drastic action as it has yet to show core growth.
During the first three months of fiscal 2015, the company was able to increase sales to € 12.98 million; forecast for 2015 remains unchanged.
Broadband provider Novatel offers R1?billion to buy out South African vehicle tracking company DigiCore.
It is yet to be revealed if government will sell its R27?billion Vodacom stake to fund SA's ailing power utility.
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.
With its revenue breaching the R1?billion mark, MICROmega looks to make more acquisitions.
The operator is ripe for a buyout as it faces a ratings downgrade unless it finds R2?billion to pay its debt in the next month.
The operator's shares closed 1.06% higher yesterday, despite an ongoing strike, giving it a market capitalisation of R401.8?billion.
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
Economic crime is causing organisations in both the public and private sector substantial financial losses, says the CGF Research Institute.
Cell C needs to find funding in the next month to settle R2?billion in debt, says the ratings agency.
The company could go it alone in the South American country as it exits a disappointing partnership.
Although Huge Group posts flat revenue, it is showing improved operational margins.
The operator expects stability to dominate the remainder of 2015, which has so far seen competition and regulatory challenges.?
