Founder Jacques Duyver sells his shares to Itec's management team, Investec Bank and Khulasande Capital.
It is extending its market leadership in providing unparalleled availability and performance to Linux-based financial services applications.
First National Bank boosts access to its funeral insurance by adding the option to its cellphone banking platform.
The PIC has officially taken over more of government's 13.9% stake in Vodacom and now owns over 15% of the mobile giant.
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.
Entrepreneur William Kirsh, who is now at Tritech Media, acquires a 45% stake in gaming company GameZBoost.
The company's latest purchase is Australian ICT services and solutions provider, Thomas Duryea, for an undisclosed amount.
Andrew Holden will take over the leadership role at Bytes Technology Group in March as incumbent CEO Rob Abraham retires.
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
Online commerce revenue pushed up Naspers earnings, as the company plans further acquisitions in the sector.
The revenue service's eFiling online tax submissions process facilitated the majority of the tax season's returns.
A local tech entrepreneur looks to disrupt the financial services sector with her new app, Riovic.
The UK's M&C Saatchi buys Creative Spark, an independent South African digital agency.
The bank's consultants will use iPads to offer a range of Absa products including legal, life and funeral cover.