The company believes the deal to sell 60% of its insurance business to Sanlam will see it emerge from technical insolvency.
The video entertainment group invested R1.6 billion in its streaming platform in the past six months.
The company commences construction on a new hyperscale data centre, with 40MW of critical power load, at its Isando Campus.
The company is sponsoring the Finance & Technology Award at the 2024 CFO Awards.
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 pay-TV operator faces “the most challenging operating conditions in almost 40 years to generate desired returns”.
The telecoms company’s mobile money platforms, including Safaricom, processed $421.3 billion of transaction value over the last 12 months.
Eight local start-ups will receive funding ranging from R750 000 to R1 million, for 12 months, as part of the NEOFrontiers Fund.
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
Synch Industries’ network creates time locally in SA aligned precisely to UTC and then distributes this time over its Chrono Network.
ITWeb caught up with the JSE’s Mark Randall to find out more about what the bourse’s cloud-based marketplace offers and where it’s going in the future.
The four start-ups graduated from the inaugural cohort of the Visa Africa Fintech Accelerator programme.
The fintech group records revenue of R2.6 billion, which is at the mid-point of its revenue guidance.