The group aims to increase its annuity revenue base and grow its market share.
The stock declines 15%, to a new 52-week low, on news of an expected first-half loss.
The listed company wants to grow its share of the ICT market as it hits the halfway mark in its restructuring.
Shopping around for the best credit deals makes sound business sense and is not predictive of a default, says Sharon Coppola, legal risk and compliance executive at Experian SA.
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 transaction is valued at approximately $24.4 billion.
The company points out its half-year results are an improvement on the last financial year.
The auditor-general finds the city relies too heavily on estimates, which affects its revenue collection figures.
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
Banks worldwide spend on digital channels to boost revenue and customer experience.
Adverse market conditions impacted trading at two subsidiaries, which affected overall group profitability.
The company experienced a record full-year operating cash flow of $6.3 billion and free cash flow of $5 billion.
An automated decision made by a computer program has cost more than one-third of financial services organisations money at least once in the past six months, says Ricoh.
The social media giant expects profit to come under pressure as it invests for growth.