The listed group is one of the plaintiffs seeking almost R1 billion from Absa, after a fund manager was placed under curatorship.
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.
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 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.
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
Orders took longer than expected to be awarded and implemented in the first half.
The company pays $2.7 million to expand its presence in Australia.
BT Global Services SA will host a working lunch on 7 May to discuss security in global banking.
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 predicted revenues are dependent on the traffic volumes, which could mean a reduction in operations costs.
Proceeds from the sale of its 70% stake will be invested in other growth areas.
The company's full-year loss widens as East Africa continues to experience a challenging time.