The company will use the cash to introduce new lines of business and industry-specific solutions.
The AxizWorkgroup CEO will become deputy CEO at Pinnacle from July, in preparation for the retirement of CEO Arnold Fourie.
Revenue increased by 39.4% to R4 610 million, and profit after tax increased by 37.7% to R340 million.
Waypoint Capital led the round of investments after transforming its own IT environments with SimpliVity's hyperconverged infrastructure solution.
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.
BCX's UCT TS unit buys out a petrol tech supplier as it moves on its Internet of things vision.
Revenue gains from R37.6?million to R75?million in the half year.
The ride service application acquires a mapping platform, deCarta, and moves away from Google Maps.
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 operator will invest heavily in improving network coverage and quality, with the backing of a R10 billion capex for 2015.?
The ride service application firm will now accept payments through Zazoo, addressing a largely untapped customer segment.
Despite the mobile operator saying its 2014 results reflect a challenging year, MTN reports group revenue grew 6.4% during the period.
The province will see the full realisation of the Gauteng Broadband Network over the next four years, says finance MEC Barbara Creecy.
The company recorded a year-on-year?increase in sales volume of LTE 4G core network products in the European high-end market of nearly 200%.