The company was named Silicon Valley's Fastest Growing Private Company by the Silicon Valley Business Journal. [Local rep: Networks Unlimited]
Shares will be issued so the group can improve its balance sheet and push organic growth.
National Treasury reveals general consensus exists among IFMS partners that programme governance should be fortified.
The group's stock plummets 50% on news of its dire financial situation.
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 deal would see SecureData delist from the JSE in about four months, once all conditions have been finalised.
MB Technologies has made an offer to acquire the entire issued ordinary share capital of SecureData, excluding treasury shares.
Double-digit revenue growth and new security intelligence services contribute to the company's success.
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
Revenue is up 5.9% to R6 173.3 million, and operating profit is up 17.3% to R322.6 million.
The group seeks niche acquisitions to aid growth at its most profitable African operation.
The telco puts a lid on capital spending, while it reviews its options, especially in the mobile space.
Infobip has announced that it has built the technical platform for enterprise USSD in South Africa.
Increased network capacity and subscriber base growth are Vodacom's cures for slow service revenue growth.