The growth is a sharp reduction from the 30% growth forecast prior to the 2008 recession.
The company was honoured by Trade & Forfaiting Review Magazine and Trade Finance Magazine.
Revenue grew 16% to R807.3 million, 90% of which was generated in SA.
The mobile operator looks for ways to spend its R32.7 billion cash pile.
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.
A murky local outlook prompts the company to look outside SA, which accounts for 90% of its revenue.
The company plans to acquire healthcare provider Vangent for about $960 million.
Once finalised, the enterprise content management space is expected to boost Datamatics' revenues.
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 operator's revenue would have improved by another R4.7 billion if the local currency had remained stable.
The Bombela Concession Company asks government to assist it in tackling the cable theft problem.
Tenders will be issued from October for the construction of the infrastructure for the demonstrator telescope.
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 unions reject Telkom's final offer in the wage dispute and a strike certificate will be issued this week.
The South African Social Security Agency is still in the process of selecting a service provider.
The company expects headline earnings per share to drop by about 100%.