CEO Sifiso Dabengwa received share options worth more than R15 million.
A confidential, unrelated transaction will bolster first-half earnings.
The Agency says current charges have been levied erroneously.
The company must increase its rating if it wishes to gain from the new Electricity Regulation Act.
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 retailer says the online shopping industry as a whole is growing, giving the retail industry a boost.
The company failed to submit its provisional report within the stipulated time.
Should restructuring options not be successfully concluded, there will be material uncertainty regarding its going concern status, says ACT.
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
Some 35 600 ordinary ZAR0.01 Datatec shares were allotted following the exercise of share options.
The Department of Communications will develop an action plan to address the auditor-general's concerns.
The bank's demise was due to poor decision-making and failed IT systems, says the Financial Services Authority.
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
Business must be aware of the South African tax implications for short-term foreign employees, says Jaco La Grange, associate director in tax at Deloitte.
The chipmaker says sales will drop by as much as $1 billion in the last quarter of the year, because of a global hard drive shortage.
The combined Cabinet just missed an average score of a D, or 50% in the Democratic Alliance's Cabinet report card.