The company's profit will advance as it adds new services to its existing distribution network.
Government departments have failed to pay the agency for services, leading to millions in bad debts.
In today's technology roundup: Sun losing $100m a month, lawyers aim at calculator hackers, 'Open Internet' rules criticised, and boffins build graphite Flash-like chip.
In this World Wide Wrap: Chinese banks improve risk management, Tata taps into cloud, and social networking poses risks for brokerages.
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 company aims to have 15% of Telkom's clients in three years, and R3 billion in revenue this year.
Retail products will be discontinued from November - at a high cost to the state-owned enterprise.
A further $39.5 million is invested in the East African company, as Altech turns its focus away from SA.
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 hotline will ensure small enterprises are paid within 30 days, says the DTI.
In this World Wide Wrap: JPMorgan intros online billing platform, US highway gets e-payment system, and Canada carriers lag in green stakes.
In this World Wide Wrap: eBay intros outlet section, PandoraBox helps uncover iPhone app sales, and Procter & Gamble build new platform.
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: Palm results poor despite Pre boost, mobile makers urge cloned handset ban, 4G WiMax Innovation Network for Silicon Valley, and AT&T advances 3G MicroCell site.
The security company invests in its channel programme to reward partners for creating new business opportunities.
Broadband will drive economic growth in Africa, but in the short term wireless stays king.