Communications minister Solly Malatsi wants to see his department create an enabling environment for investment in the ICT sector.
The company successfully transfers 19 properties, and realised sales proceeds of R161 million in the first quarter.
The Telkom subsidiary’s revenue increased 2.4% to R3.1 billion, on the back of strong performance in the IT hardware and software business.
Seven innovative entrepreneurs advance with €10 000 each in funding and a curated networking tour to Ireland.
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.
Group revenue grew within guidance and advanced by 3.9% year-on-year, driven by demand for next-generation network offerings.
Organisations are invited to help develop innovation entrepreneurship ecosystems at local universities, as the first call for proposals is issued.
An internal investigation shows that, at this stage, a limited number of clients have had their personal data compromised, says the firm.
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
Anton Fester, managing director, and Koos Fourie, technical director, acquire Sedna’s African business.
The Cape Town-headquartered venture capital firm announces the first close of its $50 million African Innovation Fund.
The product is tailored for chief audit executives and audit committee members to be effective in their roles.
The US-based chipmaker plans to deliver $10 billion in cost savings in 2025, and this includes reducing its head count by 15%.
The regulator approves, with conditions, the proposed transaction whereby TowerCo intends to acquire Swiftnet from Telkom.