Affordability and the impact of a potential R3.5 billion fine on Telkom are not factors the competition authorities have to consider.
The company reported its financial results for the fourth quarter and year ended 31 December 2011.
Any penalty now will not act as a deterrent because the market has opened up so much, says the telco.
First National Bank will now allow the new personal financial service limited access to its customers' accounts.
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.
Although the All Share Index was up yesterday, Telkom's share price dropped in the face of a R3.5 billion fine.
The company will spend as much as R384 million to implement the South African Social Security Agency contract.
Significant investments are flowing directly into respective African economies, bypassing SA, says Deloitte.
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 company implemented Hyperion Financial Management and Hyperion Financial Data Quality Management at the telco.
Business leaders are pressing for top-line growth to end sleepless nights, the online survey reveals.
Earnings per share were up 80% to 6.19 cents, compared to 3.43 cents in 2010.
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
SA spends about 33% more on the use of international products under licence than it gets in from its own patents.
The refusal by treasury to scrap R200 million in debt has left the Road Traffic Management Corporation on the brink of collapse.
The company wants to tap into Africa's growth potential.