Sales are expected to rise by 1%, or |--gbp--|680 million, to |--gbp--|69.09 billion, compared with an increase of 3.2% last year.
As technology changes the face of money changing, banks strive to cater for all income brackets.
The company will use the funds to build out global sales and marketing operations.
The company returns a net loss of about R1.9 billion in the year to March.
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 says full year earnings will be higher when it reports results next month.
The company achieved revenue of $314.6 million for the fourth quarter of fiscal year 2011, up 8% from the prior quarter.
The move, worth EUR1.05 billion, is the next logical step in Sony's “four-screen” strategy, it says.
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's third-quarter earnings slip as sales of cheaper inkjet printers decline.
Government will address excessive and wasteful spending, says finance minister Pravin Gordhan.
The department pays out R852 million to own hardware related to the 'Who Am I Online' contract.
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
Government needs to re-prioritise spending and focus on creating jobs, says finance minister Pravin Gordhan.
The council's net profit decreased from R52.4 million in the 2009/10 financial year to R35.5 million.
More than R26 million not spent on IT last year has been rolled over to the current financial period.