Earnings are expected to halve in the first half of the year, says the company.
The company generated $1.8 billion in revenue during the first six months of the year.
Earnings are expected to be 200% lower for the half year.
In this World Wide Wrap: Risk management spend to increase, Gartner gives risk warning, and NextDocs and SpeakTech partner.
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.
Government and business turn to telepresence technology to cut costs during the financial crisis.
The publishing company buys a stake in a Brazilian e-commerce company for $342 million.
The company bolsters net profit as its African expansion starts to pay dividends.
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 looks to bolster growth organically in the year ahead.
In this World Wide Wrap: E-billing blunder exposes 1 000 passwords, UK telephone tax to fund broadband, and GiffGaff first 'people-powered' operator.
In this World Wide Wrap: Dell reaches out to SMEs, SMEs gain traction in cloud computing, and Fortumo looks to Western Europe.
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: Intel advances microservers, Citrix plans desktop virtualisation push, and PCI virtualisation security guidelines planned.
The life assurance industry will be at the heart of its conference, on 1 and 2 October.
Customers demand complete assurance that their account information is safeguarded against all possible threats, says Jorina van Rensburg, CEO, Condyn.