Former State IT Agency boss Setumo Mohapi will take over as CEO of Dimension Data’s Internet Solutions with immediate effect, replacing long-serving CEO Saki Missaikos. The move comes amid a major management shake-up at Dimension Data MEA.
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Dimension Data senior managers are approaching lenders and investors to raise cash for a possible deal for the group’s Africa and Middle East operations, which could be valued at about $800-million.
Dimension Data’s Internet Solutions said on Wednesday that it is investing half a billion rand in a new, state-of-the-art data centre facility in Johannesburg.
Seacom, which operates an undersea cable that connects Africa to Europe and Asia, is not commenting on speculation that it is in talks to buy South African fibre provider FibreCo Telecommunications.