Author: Duncan McLeod

Businessman, entrepreneur, deal maker and advisor Duarte da Silva joins Duncan McLeod on the TechCentral podcast for a wide-ranging discussion about South Africa’s IT industry, with a specific focus on Dimension Data.

QSure, a big player in South Africa’s insurance industry, has been hit by a data breach in which bank account numbers and other sensitive information were compromised by a third party.

EOH said on Tuesday that the civil suits against several of its former directors mark a “significant milestone” in holding those responsible for the governance failings that took place at EOH accountable.

Exclusive | EOH Holdings is suing its co-founder and former CEO, Asher Bohbot, and its former chief financial officer, John King, for R1.7-billion in damages each. It is also pursuing several other former executives.

President Cyril Ramaphosa has placed South Africa back on a strict level-4 lockdown, with restrictions – including a ban on all alcohol sales – in place for the next two weeks.

Dimension Data’s newly appointed CEO, Werner Kapp, said the company’s parent, NTT, sees Africa and the Middle East as ripe with potential.

Dimension Data is near to concluding a deal to sell Internet service provider Mweb, but has taken the sale of another business it has deemed non-core, Merchants, off the table for now.

Price cuts at Vumatel, to be implemented from next week, are not a risk to parent CIVH’s balance sheet and are only likely to register as “blip” in the company’s long-term growth trajectory, CIVH CEO Raymond Ndlovu said.

CIVH, the Remgro-controlled parent of fibre players Dark Fibre Africa and Vumatel, remains interested in participating in government’s planned wholesale open-access network, according to its CEO.

Alviva Holdings has secured the regulatory go-ahead for its R185-million acquisition of rival Tarsus Technology Group.