Minister Richard Baloyi heaps praise on SITA's turnaround progress - an about-turn on statements he made three months ago.
The financing will cover 29 products and services, including analytics, cloud, security, collaboration and storage.
The IT solutions and outsourcing company reports a 43.5% revenue increase, on the back of organic and acquisitive growth.
Shareholders are set to vote on a buyout deal, which will determine the company's course.
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 JSE's All Share Index trading platform now has low-latency and interfaces with clients' software.
The electronics company spends an undisclosed amount on a set-top box distribution, logistics, repair and servicing business.
In a damning finding, an auditor-general says Synergy had failed to comply with its own policy in awarding the contract.
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 entertainment company chose AccTech Western Cape to implement the financial software solution.
Having users from other countries on the traffic information database could have severe security implications.
The grant allowance will be given to 10 projects and will create more than 11 000 jobs.
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 acquisition adds e-learning capabilities to OpenText's solutions.
While shipments are still below pre-downturn levels, the local server market reports growth in the second quarter.
If concluded, the R622 million deal will create the largest listed recruitment company in SA.