The Altron subsidiary takes over the business of local ID management company BNTech.
The company turns EBIT positive for the first time since its launch six years ago.
The company achieved the milestone of being full-year EBIT positive for the first time since its launch six years ago.
Revenue drops 19% in the full year, as large deals fail to come off.
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.
An original Apple 1 computer reached more than R5 million at an auction this past weekend.
The sale of its Vodacom stake has left Telkom R16.7 billion poorer.
The company has applied to have its Class A ordinary shares quoted on the New York Stock Exchange under the ticker symbol "LXFT".
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 from Nashua drops 9%, to R3.3 billion, while operating profit falls 23%.
African Legend Indigo reaches an agreement with Gijima to settle a R5.5 million debt.
Vodacom pays out R11.4 billion to shareholders at the end of the financial year.
Data will make up between 25% and 30% of total revenue in the next three years.
The operator has spent R38 billion on its network in the past five years, the bulk of which has gone into its local infrastructure.