Rectron sheds its 60% stake in Corex, to a Corex director, for R9.8 million.
A mostly foreign-owned consortium was used, because the required technology did not exist in SA, says Sanral.
More investments will be made if technology helps to grow the top line.
The company officially renewed its exclusive distributorship with Bytes Document Solutions for the next 10 years.
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.
Group revenue increased by 40% to R85 million, and profit before tax increased by 12% to R6.5 million.
The department puts Telkom in a tricky situation by not paying its overdue invoices.
ICASA's interconnect regulations have been published in time to save 8ta from a probable blow to its new business.
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 registrar is providing bursaries for postgraduate IT students.
The company wants to acquire profitable businesses in Johannesburg and Cape Town.
Rivalry between Airtel and Safaricom increases as the two operators unveil similar virtual credit card payment services.
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
In this World Wide Wrap: Australia intros e-commerce bill, Visa to seal $190m acquisition, and Borders to file for bankruptcy.
Mobile operators have pumped millions into the RICA process, but subscribers still get the short end of the stick.
Department of Labour staff allegedly accepted “donations” for allowing poor performance.