The loss-making company wraps up a debt facility that will allow it to perform on future contracts.
Net income grew by 36% to EUR64.7 million in Q4 of 2010.
A preliminary review of Gauteng transport department records shows grounds for an in-depth investigation.
Previous sale agreements, involving three different parties, are being unwound.
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 outsourcing firm buys Microsoft specialist company Belay for an undisclosed amount.
In today's technology roundup: Nokia loses ground in smartphones, five held over 'Anonymous' attacks, Xbox boosts Microsoft earnings, and PS3 hacker's computers to be seized.
In this World Wide Wrap: AMD to challenge Intel onslaught? Unix servers lose market share, and Sinology readies NAS server.
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
Belay provides enterprise content management solutions using information management products.
The situation is salvageable, say analysts, despite Neotel's R1.1 billion loss and a leadership shake-up.
The IT company believes it has a good case to appeal a ruling that it must pay R1.76 million for a breach of contract.
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 hopes to block Directory Solutions' bid to have a Competition Appeal Court decision overturned.
In today's technology roundup: Google in staff hiring spree, Egypt blocks Twitter access, RIM readies for busy 2011, and Yahoo's revenue dips.
Office equipment is ideally suited to the rental model because it rapidly becomes obsolete, says Philip Vermeulen, COO at Itec Finance.