The company ups its capital spend to support increasing demand for data on its network.
The two subsidiaries were allegedly used in a bid to defraud the taxman of over R20 million.
The gaming company acquired the technology company for $23.7 million in cash and stock.
The $157 million deal expands Nuance's portfolio with print solutions for enterprises, healthcare firms and mobile office workers.
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.
XON has concluded a BEE deal with Kapela Holdings, which gains a 40% stake in XON for an undisclosed cash amount.
All Aarto system developments have been completed and can go ahead with a nod from government, says Tasima.
Senior journalist Nicola Mawson was a finalist in the economy and industry category at the 2010 Sanlam Awards for Excellence in Financial Journalism.
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
With only weeks to go before penalties kick in, almost 20% of companies have submitted staff payroll details to SARS.
The final stakeholder meeting on e-tolling will only occur over the next few weeks, says the Department of Transport.
The ANC insists it is not delaying the Gauteng e-tolling project due to the elections, but the DA believes otherwise.
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 wants to expand its reach further into East and West Africa, and could spend up to $20 million in each region.
Revenue could top $5 billion in the new financial year, says the company.
In today's technology roundup: Google promises 'new computing model', massive job losses loom at Cisco, Huawei draws blood in ZTE tussle, and IT staff in greater demand.