The acquisition enhances Ctrack’s presence in critical markets, including the UK, Belgium, France, Germany, the Netherlands, Australia and New Zealand.
While the fintech group’s revenue increased, its EBITDA declined by 3%, to R113.8 million.
The internet giant increases its e-commerce adjusted earnings before interest and taxes by five times, to $169 million, during the first half of its financial year.
Phuthi Mahanyele-Dabengwa is appointed as an executive director of Naspers, with effect from 1 April.
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.
SA’s improved economic landscape and growing customer confidence in online shopping will boost Black Friday weekend online sales, say banks.
According to Netskope, 3 400+ customers, tens of millions of end-users and more than 30 of the Fortune 100 have adopted Netskope One platform capabilities.
The trend is being driven by companies wanting to streamline financial procedures through game-changing software solutions.
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
An auction hosted by Broll Auctions and Sales last week gauged locals’ interest in buying real estate using digital currencies.
The group now sells seven-and-a-half out of every 10 prepaid smartphones in SA, it says.
The diversified group sees demand for products like radars and military radios, due to the war in Ukraine and tensions in the Middle East and Asia.
TredoMatix’s goal is to provide traders with the tools they need to be successful in the fast-paced world of Contract for Difference trading.