Former Vodacom CEO Pieter Uys and former First National Bank CEO Michael Jordaan have joined the board of Invenfin, the venture capital division of investment holding company Remgro Limited, as nonexecutive directors. Uys is already Remgro’s investment executive
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Convergence Partners, the communications technology investment management firm controlled by businessman Andile Ngcaba, has signed a R400m long-term funding deal with Nedbank Capital. The facility will be used by Convergence Partners Investments, the vehicle that
Mobile operator Vodacom is giving 1GB of free data to all of its 33m-plus customers in South Africa. The only catch is that if they want it, they have to use it this Sunday, the day it is made available. The mobile operator, which is keen to drive up the number of people using data services on its network – this week launching
Those interested in researching South African-listed equities can now access the share trading information and other data of Johannesburg Stock Exchange (JSE)-listed companies through Google’s popular Finance portal. “The JSE and Google Finance have teamed up,” the bourse said in a statement. “Now you can access JSE equity price
Radio personality Gareth Cliff, who recently quit his job at national radio station 5FM to launch Cliff Central, an online radio start-up, has reportedly reached an agreement with MTN to offer his online broadcasts on an unlimited basis for a low fixed monthly fee. According to a report on business website BDlive, Cliff and MTN are set
Independent mobile infrastructure provider IHS has completed its acquisition of more than 1 200 network towers from MTN. It has bought all of the mobile group’s towers in Zambia and Rwanda. The value of the transaction has not been disclosed. IHS subsidiaries in Zambia and Rwanda acquired ownership and
A fortnight after rival MTN announced it was cutting its prepaid rates to 79c/minute, Cell C has introduced four new prepaid vouchers – on a promotional basis – to its product line-up. To be launched on 1 May and available until 31 July, the new Supacharge vouchers give consumers “free” rand value and flexibility
The Democratic Alliance has launched DemocraCITY, a strategy game on social media platform Mxit, which it describes as a hybrid between SimCity and Tamagotchi, in an effort to convince voters to make their mark for the party in the upcoming general election. In a statement, the DA says each game runs for 72 hours, with players being
A meeting of Strategic Integrated Project (SIP) 15, the communications technology component of the Presidential Infrastructure Coordinating Commission, took place on Thursday, with communications minister Yunus Carrim urging government to “move with speed” to ensure broadband goals are achieved. In a media statement, the
South Africa’s web.za second-level domain is being relaunched and will soon be available to the public following “sunrise” and “land-rush” phases where the rights of intellectual property holders will be prioritised and premium names delegated. This is according to the ZA Domain Name Authority (Zadna), which has now provided details regarding