Huge Group buys into Pansmart

Huge Group has concluded an agreement to acquire an interest in Pansmart by way of a subscription of shares. The acquisition will give the company control over an authorised distributor of Panasonic’s voice, video and CCTV products. Pansmart is a challenger in...

PBT Group expands European presence

PBT Group continues to expand its European operations, with signed strategic partnerships with companies in the Netherlands, Ireland, the UK and Germany, positioning it to support data related projects across Western Europe. Ken Wood, CEO of PBT Group, comments:...

New equity partner for OurHood

OurHood, South Africa’s digital platform that connects more than 1 300 neighbourhoods across the country, has attracted an equity investment from Cape Town-based software development house Lightswitch Solutions. OurHood not only unites communities in their fight...

Experian SA acquires Compuscan, Scoresharp

Experian completed its historic acquisition of Compuscan and Scoresharp on 1 May 2019. Enhanced innovation, product and service capabilities will be deployed across the region, building on Compuscan’s presence in six sub-Saharan African countries and both...

BT-SA achieves level 1 B-BBEE

Bridging Technologies SA (BT-SA) is has been accredited with level 1 B-BBEE (broad based black economic empowerment) in accordance with the ICT Amended Sector Codes. BT-SA has dedicated the past 24 months to the transformation of its business to reflect a broader...

LG announces first-quarter 2019 financial results

LG Electronics Inc. (LG) today announced consolidated sales of KRW 14.92 trillion ($13.27 billion) and operating profit of KRW 900.6 billion ($801.25 million) for the first quarter of 2019. Although overall first-quarter revenues and operating income declined somewhat...