Browsing: DBSA

An unnamed company has made a firm offer to acquire Wireless Business Solutions (WBS), the parent company of iBurst and Broadlink. WBS nonexecutive director David Hilewitz on Monday confirmed that an offer has been tabled, but declined to name the acquiring party, saying

The Development Bank of Southern Africa (DBSA) has signed a R1,4bn contract with the European Investment Bank to support development of a solar power project in the Northern Cape, it said on Wednesday. “We are encouraged by the EIB’s trust and confidence towards our investment strategy in supporting SA’s power

Microsoft South Africa has expanded its BizSpark programme, which supports small software development businesses and entrepreneurs, using money from government’s jobs fund and its own 4Afrika initiative. The company wants to help lead the creation of

Search giant Google is to invest US$12m (R120m) in the Jasper Power Project, a 96MW solar photovoltaic plant in South Africa’s arid Northern Cape province. When completed, Jasper will generate enough electricity to power 30 000 homes and will be one of the largest solar installations in Africa. Google has committed

Perhaps best known for its foray into ­pornography, TopTV’s anti-climax in the world of broadcasting has resulted in a little-known fact: South Africa has suffered a loss of almost R1,2bn because of this venture, which critics say it should not have flirted with in the first place. Three arms