Home affairs saves R100 million as its modernisation project is held up.
Emergency centres lose out as R44 million goes to education around digital TV.
The Department of Public Service and Administration will wrap up implementation guidelines next year.
Some R100 million is reprioritised from the broadband infrastructure programme as a strategy has yet to be developed.
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.
MIP Holdings has adopted the ACORD standards to open up its systems securely to third-party applications.
The group expects net earnings to be at least 22% lower in the second quarter due to the global slowdown and lower PC demand.
The transfer of R4.75 million from USAF is illegal, because it was not authorised by the minister of finance.
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
The electronics group will retrench about 10 000 employees in a bid to save as much as R3.3 billion in annual expenses.
The companies aim to help manufacturing companies claim back a portion of their IT investment through the Manufacturing Competitiveness Enhancement Programme.
Basic earnings per share should gain between 30% and 40% in the first half of the year, says the group.
Irregular and wasteful expenditure at the communications department is due to a lack of leadership, says the auditor-general.
The group reports a narrower operating loss, despite continued pressure to sell its flagship Lumia smartphones.