Headline earnings per share are dragged 2.17c lower because of losses from the company's Mexican investment.
Robert Gumede's Guma offers Gijima shareholders R2.20 a share so the company, a shadow of its former self, can be delisted.
The company will get out of low-cost manufacturing and move more into integration and managed services.
The listed company anticipates full-year revenue will come in around R1.35?billion, as much as 6.6% better than the previous 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 fixed-line operator's stock is at a five-year high, having "unbelievably" gained 151% in the past year.
The company has announced financial results for the fourth quarter and full year ended 31?December 2014.
Although the ICT sector will have a R3.6?billion pool with which to upskill staff, this money will not be effectively, or fully, invested.
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
Acquisitions buoy Adapt IT's interims by 27%, as its top line gained 38% to R261.3?million.
The company's shares drop 20% as it warns earnings will decline by as much as 93%.
From May, companies in the ICT sector can expect to lose an empowerment level, as the more onerous requirements of the new generic codes kick in.
The operator's international operations continue to gain, but not enough to offset local declines.
Declining revenue, slower data gains and increased churn weigh on Vodacom's third quarter results.
