Debt financing has been secured through a consortium of local lenders, including Standard Bank and Absa.
A cloud financial system like as Sage Intacct integrates with other business functions and provides CFOs with a real-time view of budgets and how they are trending, says Gary Govender, business development manager at ALNET Technologies.
Group CEO Calvo Mawelo tells staff that Marc Jury will leave the group on 31 March 2025, to pursue opportunities in the sport business.
The retailer lists the botched system as one of the factors impacting earnings from continuing operations.
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 delivers an improvement in financial performance in a “challenging macro-economic environment”.
There is increasing familiarity, comfort and trust among local consumers and merchants with the adoption of digital payment solutions.
MPs hear that project management issues and sabotage may plague the South African space communication satellite project government is looking to launch.
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 Mastercard Foundation invites local edtech start-ups to apply for the 2025 Edtech Fellowship acceleration programme.
The fintech group signs a definitive agreement to acquire 100% of the issued and outstanding ordinary shares of Recharger.
The firm ensures the telecoms regulator is kept abreast of the progress of the multibillion-rand transaction.
The money transfer operator expands its WhatsApp-based banking solution to Pick n Pay stores in Durban and Cape Town.