The company's joint venture, SkyeVine, has not taken off as quickly as expected.
Net profit will increase by 45% for the first six months of the year.
Communication Workers Union members accept a revised salary increase.
Public entities linked to the ICT sector were flagged for spending almost R500 million that was irregular, or wasteful and fruitless.
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.
Despite the slowdown in the number of liquidations, 2012 is expected to be challenging for the ICT sector.
Four ICT companies are under investigation by the Financial Services Board.
If China and India grow, Africa will grow, says Anushuya Gounden, head of the Africa desk at 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 partnership will contribute to the national system of innovation by producing qualified PhD and Masters graduates.
JSE-listed Altech says Jeffrey Hedberg has resigned as COO with effect from the end of this month.
The company, through its subsidiary Cash Paymaster Services, will handle all of SA's social grant payments.
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 maintains its full-year guidance of revenue of $5 billion.
Physical sales lose ground as downloading impacts the CD and DVD format.
The abolishment of exchange controls will be a political rather than a financial decision, says Paul Verhoef, associate director and exchange control expert at Deloitte.