Phuthuma Nhleko sells MTN shares worth over R400 million.
Selling its 40% stake will bring in R793.5 million cash during the new financial year.
The company reports a net loss for the third period in a row, but says it is restructuring.
In this World Wide Wrap: Sweden hosts BI conference, Qlik to sell shares to BI firm, and Smartphones redefine BI concept.
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 Japanese telecoms giant will aid DiData to reach $7 billion in revenue within the next five years.
The report found IT-related irregularities of R139 million, including unauthorised use of eNatis transaction fees.
Conditions are tough, but Paracon aims to benefit from recent SAP and project management acquisitions.
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
In this World Wide Wrap: SME IT venture capital proposed, SME financing makes Apec agenda, and Turkish SMEs need tech.
In this World Wide Wrap: EU funds green tech race, green tech pilot programme extended, and UP showcases green investments.
The company won the management software and financial software vendor sections.
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 Dialogue Group will dispose of its 51% holding in ContinuitySA for a cash sum of R35 million.
Telecom companies will experience significant change as a result of the leasing exposure draft, says PWC.
The Huge Group reverses the half-year loss it made in 2009.