A slowdown in spending and a contract dispute with Home Affairs hampered revenue growth in the year to June.
NTT's R24.2 billion acquisition of Dimension Data has satisfied all regulatory requirements and will move to be finalised by October.
Earnings per share will be at least double last year's in its full-year results.
The company upgraded its financial system to Sage Accpac 500 ERP, integrating all 26 of its group companies.
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.
Troy has partnered with HP to deliver anti-counterfeit printing solutions.
Organisations have worked to secure perimeters but have overlooked threats from insiders, says Magix.
The media house sees its future as digital and will continue to invest in new media.
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 company says headline earnings per share could be higher than a year ago.
Maintenance backlogs built up during the economic downturn could see global IT debt rising to about $1 trillion by 2015, says Gartner.
The company expects new divisions to add to revenue growth substantially in the long-term.
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 Competition Tribunal's approval of NTT's offer to buy Dimension Data is one of the last regulatory hurdles the companies face.
With MTN and Vodacom offering competing iPhone 4 deals, accessibility to the device will be boosted locally.
The company is facing the possibility of closing two business units after liquidating Dialogue SA earlier this year.