Fibre infrastructure provider Dark Fibre Africa reported a 15% year-on-year improvement in revenue to R468m in the six months ended 30 September 2014, shareholder Remgro has revealed
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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
Convergence Partners is the newest investor in 4Di Capital’s venture capital (VC) fund. The technology investment management firm, founded and controlled by businessman Andile Ngcaba, will be an equal limited partner in the fund alongside Reinet (the Rupert family) and E Oppenheimer & Son
Shareholders in an unlisted and little-known company, ElementOne, will have heaved a collective sigh of relief after a consortium offered to acquire its full 39,4% share in the publishing and media company Caxton in a R2,3bn transaction was approved. There was
South Africa is about to get a significant new offering in broadcast television with the impending launch of OpenView HD, a new service backed by e.tv parent Hosken Consolidated Investments (HCI). TechCentral has learnt that OpenView HD will offer between 12 and 20 high-definition and standard-definition
Former Vodacom Group CEO Pieter Uys will join the management team of Stellenbosch-based investment firm Remgro in April 2013 on a full-time basis. He will also join the company’s board of directors. Remgro, which emerged from Rembrandt — the tobacco and industrial conglomerate founded by Anton Rupert — was one of the
Startup Weekend, a popular US event that gets entrepreneurs, developers, designers and marketers together to discuss and generate ideas for start-ups, is coming to SA, with two weekends planned for later this month. Started in the Boulder, Colorado
Last week’s purchase by Visa of Cape Town-based mobile payments company Fundamo in a US$110m all-cash deal demonstrates clearly how the race is on to provide electronic financial services using cellphones, especially in emerging markets
Barely a decade after he sold his Cape Town Internet security business Thawte Consulting to the US’s Verisign for US$575m, software billionaire Mark Shuttleworth has hit pay dirt again in this week’s acquisition by Visa of local mobile