However, the bank will keep a close eye on costs as top-line growth continues to be under pressure.
The company sees SA as a growth opportunity, aiming to create 5 000 jobs in the next three years.
The matter is set to be heard by the Competition Tribunal tomorrow.
The broadcaster will pay out 33% more in BEE dividends than last year.
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.
In this World Wide Wrap: Iraqi SMEs to get help, AT&T targets SMEs, and Malware costs SMEs, says survey.
A shareholder squabble over control of the computer distributor led to Comztek's decision to sell to Datatec.
The DA says figures showing how much the DOC spends on rent is indicative of Nyanda's luxurious spending.
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 per share earnings could be as much as 25% lower in the full year.
In this World Wide Wrap: Uncertainty surrounds JP Morgan outage, integrated mobile banking platform released, and no online banking on holy days.
Most fraud cases are perpetrated through abuse of IT passwords, according to Edward Nathan Sonnenbergs.
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
Although basic earnings will improve, continuing operations are expected to come in at a per share loss.
Biodata, which has an annual revenue of R30 million, will be acquired by Datatec for an undisclosed amount.
The deal will add to DiData's ability to provide visual communication services.