While the company's loss per share will increase by between 190% and 195% in the first half of the year, its headline loss per share will narrow.
The growth in smartphone sales helped ZTE post a gross profit margin of 16.8% in its terminals division in 2012.
The results miss analysts' expectations, after the company delays the launch of its flagship HTC One device in most markets.
The Kirsh family wants FoneWorx's non-executive directors ousted, after a merger between its Value+ company and FoneWorx goes south.
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.
Business debt stress indicators accelerated in the fourth quarter of 2012, according to the KreditMetrix report published by Experian SA and Econometrix.
Social, mobile, cloud and information are reshaping spending patterns across all IT sectors, says Gartner.
The company is confident its turnaround strategy will start to bear fruit in the coming financial year.
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
Standard Bank's former head of Beyond Payments, Herman Singh, will head up Vodacom's mobile commerce division.
A government department contracted YoungBlood Consultants to investigate ways of responding to requests for financial information more efficiently.
The listed outsourcing company feels it is positioned for strong growth after a tough period.
The funding will spur economic growth and expand the start-up ecosystem in Africa.
A prominent businessman and DigiCore director Nhlanhla Gasa was stabbed to death in KwaZulu-Natal this week.