The mobile provider misses revenue targets and will make a R2.2 billion loss in the full year.
Aarto won't happen anytime soon, but a traffic unit at a cost of R66 million a year has already been set up for it.
The company must move into selected adjacent markets to increase its revenue stream.
Legal costs of action taken against officials at the Road Traffic Management Corporation has already topped R2 million.
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 cellular infrastructure company is in talks about its ability to continue to operate.
The company has recorded a 20% year-over-year increase in second-quarter, fiscal year 2012 revenue, to $1.507 billion.
The company aims to return a bottom line profit by the end of the 2014 financial year.
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 spends R305.5 million to buy franchises and ECN Telecommunications.
The official opposition praises the taxman for excelling in catching out tax evaders and creating online platforms for tax payments.
The country's projected IT spending and its position as a gateway into Africa leaves investors jostling for a share.
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 achieves its year-end target by the end of the second quarter of the year.
Getting rid of its troublesome Nigerian unit will affect the telecoms company in the second half of the year.
The company reports revenue up on the back of two acquisitions, but net profit slumps.