On The Money - In Brief

Mergers, Acquisitions and Financial Results

- Fleet management technology group DigiCore has declared a maiden dividend of 2c a share after growing after-tax profit by 46.5% in the six months to December.

- Black-empowered IT solutions and service provider Aptronics has acquired a majority stake in Ubusha Technologies, which operates in the open source market.

- Ubusha Technologies and Aptronics have announced the successful brokering of a BEE partnership, which sees the 51% shareholding in Ubusha previously owned by WMS Holdings being purchased by Aptronics for an undisclosed amount.