The office spends another R11 million as a stopgap to fix its legacy systems.
The state-owned entity's late entry to an already competitive environment limits its relevance in the industry, note analysts.
Decreased revenue from the social service agency in SA hampered margins in the local operation.
The company is paid R793.5 million for its 40% stake in Nokia Siemens Networks SA.
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 embattled telco aims to restore stability, as its realignment programme turns to deciding senior management appointments.
Eskom, Transnet and Telkom report a combined loss of R259 million due to copper theft in 2010.
The company moves the trading platform to SA, which will reduce connectivity issues and speed up trades.
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
There will be two different sets of tariff structures, with only one qualifying for discounts.
Sync's Purchasing Module allows for better co-ordination between planning, production and purchasing.
The operator runs out of room to grow as the South African market is saturated and data prices will continue to fall.
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 will plough R200 million into improving “customer experience” and brand identity, as pressure increases from Cell C and 8ta.
The mobile operator hopes to be in a position to take decisive action regarding its Congolese operation by financial year-end.
The operator's outgoing CEO, Phuthuma Nhleko, has been appointed to the board of energy giant BP.