The group sees little scope for recovery during the short-term.
Sequential revenue is up 7% and profit is up 29%.
The company gets final approval to sell shares to Shoden.
The company has listed shares to facilitate taking over an image processing company.
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.
SIM card registration will dampen penetration in SA, the cellular company says.
The cellular operator scales back its network roll-out.
In this World Wide Wrap: UK public demands efficiency, Ricoh targets ECDM newcomers, and BizCom simplifies content management.
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
Effective outsourcing of IT operations can allow businesses to access specialist skills, says IT Naledi.
Government suggests the broadcaster's financial model may not be viable when pay TV competition debuts.
In this World Wide Wrap: Vivendi backs out of Zain deal, Intel changes Egypt strategy, and Zambia rolls out unified communications.
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: GRC in the cloud, WNS and Trintech partner, and tougher regulations call for audit monitoring.
Banks should constantly research security threats and prepare technologies to protect customers, says Kaspersky Labs.
The cellular company will not comment on reports that it is seeking finance.