The chairman of Technology Innovation Agency (TIA), Khungeka Njobe, has filed a report with the directorate for priority crimes investigation following the release of a forensic investigation that points to possible corrupt activities in the Terbrugge Community Trust, founded by Agang South Africa leader Mamphela Ramphele
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The CEO and chief financial officer of the Technology Innovation Agency have been dismissed, the science & technology ministry said on Tuesday. CEO Simphiwe Duma and finance chief Barbara Kortjass were both dismissed last month after disciplinary processes were concluded, minister Derek Hanekom said. In May 2013, the TIA
South Africa’s young yet lively venture capital ecosystem is building momentum, with the increased availability of funding mechanisms for innovation being one important driver of this growth. Practitioners in the industry point out that successful venture capital-backed businesses rely on far more
The newly appointed board of the Technology Innovation Agency – which has only one member from the previous board – is conducting a forensic investigation into the agency and the CEO, Simphiwe Duma, has elected to take “special leave” for the duration of the investigation