The listed group wants to grow its top line to benefit from recent cost-cutting initiatives.
The partnership will provide loans and financial services to impoverished Africans.
Powertech and Altech experienced challenging times in the year to February.
National Treasury decides it would not be prudent to discuss Sanral, or e-tolling, at the Parliamentary portfolio committee meeting on finance.
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 African National Congress denies claims that it is linked to Gauteng e-tolling profits.
Minority shareholders have until Friday to accept 7.72c a share in the company.
The listed group is one of the plaintiffs seeking almost R1 billion from Absa, after a fund manager was placed under curatorship.
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
Proceeds from the sale will come to about R207.5 million and will aid the flagging African unit.
Total revenue was $52.8 million, an increase of 11% on a year-over-year basis.
In the last two years, 7 109 late payment queries with public sector institutions were logged with the hotline by SMMEs.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
The company paid more in taxes because of higher dividend payouts.
Earnings per share will be lower for the first half of the year.
Business Process Excellence total revenue of EUR124.3 million sets a new record high for a first quarter.