JSE-listed IT services firm Business Connexion (BCX) hopes its sale to Telkom is finalised by late November or early December, although the company has admitted it could be delayed if the transaction is challenged
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The late Benjamin Mophatlane’s twin brother, Isaac Mophatlane, has been appointed as CEO of JSE-listed technology services company Business Connexion. Benjamin Mophatlane passed away a month ago at the age of 41 following a heart attack. He had complained of chest pains during a meeting in Johannesburg and
Capital Eye Investments, the company that emerged out of what was left of JSE-listed UCS Group after Business Connexion acquired its services businesses four years ago, plans to launch a private equity fund to invest in start-ups and established technology businesses. Capital Eye
Business Connexion (BCX) will hold a memorial service for its late CEO, Benjamin Mophatlane, in Pretoria on Thursday and the company has invited anyone who would like to pay their last respects to attend the service. Mophatlane passed away last week, 11 June, in Johannesburg after suffering a heart
MTN will not get access to Telkom’s valuable chunk of 4G/LTE radio frequency spectrum in the 2,3GHz band. The negotiations between the two companies, in which it is proposed that MTN takes over the financial and operational management of Telkom’s radio access network, specifically excludes
Fixed lines were again the weakest link in Telkom’s annual financial results. For the year ended 31 March 2014, fixed-line data revenue went into reverse for the first time, recording a decline of 1,1%, while fixed voice and interconnection revenue fell by 7,4%. The company still managed an increase
Telkom and Business Connexion have agreed to suspend talks following the death on Wednesday of BCX CEO Benjamin Mophatlane. The two had been in negotiations following the telecommunications operator’s decision to table a R2,7bn offer to buy the IT services company. Mophatlane died on
Telkom CEO Sipho Maseko has paid tribute to the late CEO of Business Connexion (BCX), Benjamin Mophatlane, saying his death is a “great loss, not only for BCX, but for business in South Africa, the Africa region and the world”. “His zest for life and energising presence will be deeply missed,” Maseko said
Business Connexion CEO Benjamin Mophatlane, 41, has died. “The Business Connexion Group board and exco announces with profound regret and sadness, the passing of our chief executive officer, Benjamin Mophatlane,” the company said in an internal e-mail. “Benjamin was in a meeting with
The board of Business Connexion (BCX) has named Vanessa Olver as acting CEO following the death on Wednesday of Benjamin Mophatlane. Mophatlane, who was just 41, died of a heart attack while in a meeting in Rosebank in Johannesburg. Olver, a chartered accountant, joined BCX in August 2009