Emerging markets investment firm Actis has agreed to buy a controlling stake in Cape Town-based fibre broadband network operator Octotel.
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London-based private equity firm Actis is looking at African energy projects to add to the US$1-billion it has already invested in the sector on the continent.
Net1, the company that used to manage the payment of social grants in South Africa, has appointed former Telkom and Eskom chairman Jabu Mabuza as chairman-designate of its board.
Emerging-markets private equity firm Actis has agreed to acquire electronic payments specialist Paycorp Holdings, part of South African financial services group Transaction Capital, in a blockbuster deal worth R937m. Paycorp has been a wholly





