Software, cloud and other technology-related costs grew by 3% due to increases in contractual software services.
The boost brings the South African Revenue Service’s budget to R7.5 billion over the medium-term to modernise and enhance taxpayer services.
Government moves to enhance smartphone affordability, proposing no excise duty on smartphones below R2 500 as of 1 April.
The communications department will continue to deploy the project in underserviced areas, with support from Broadband Infraco, Sentech and SITA.
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.
Phase two of the state’s structural reforms programme places digital transformation high on the agenda, as it looks to further reduce economic bottlenecks.
Yangtze Optics Africa Cable has announced the expansion of its 14 000 square metre fibre optics manufacturing plant at Dube TradePort.
The GSM Association’s Mobile Economy Report 2025 shows the mobile ecosystem will add 8.4% of global gross domestic product in economic value within five years.
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
Minister Solly Malatsi hosts governance reforms workshop for the ministry’s entities, raising concerns about regression of audit outcomes of four entities.
The proposed transaction does not raise significant public interest concerns, says the Competition Commission.
Local banks have reduced their own charges for instant transfers so that the charges are the same as that of PayShap.
The PC distributor’s revenue decreased by 14% to R3.66 billion in the six months ended 31 December.