New managing executive for Internet Solutions

Dr Setumo Mohapi has been named as Internet Solutions managing executive, succeeding Saki Missaikos who has been appointed as chief strategy and go-to-market executive for Dimension Data. Missaikos comments: “Setumo has deep knowledge and insight of both the ICT...

Tri-Continental to distribute Printronix in Africa

Printronix, a pioneer of line matrix technology, has recently signed a distribution agreement with Tri-Continental. Under the agreement, Tri-Continental, one of the largest and most prominent IT distributors in the African market, will distribute Printronix and...

PayU expands operations to Southeast Asia

PayU, the payments and fintech business of Naspers, has acquired a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in...

Naspers appoints Phuthi Mahanyele-Dabengwa as CEO

Naspers has announces the appointment of Phuthi Mahanyele-Dabengwa to the global Naspers management team as CEO, South Africa. Reporting directly to Bob van Dijk, Group CEO of Naspers, Mahanyele-Dabengwa will be based in Johannesburg where she will lead the...

4AX appoints interim CEO

4 Africa Exchange (4AX) announces that as part of its six–month succession and handover over plan, Fay Mukaddam has stepped down as the CEO and Sean Emery, CEO of RainFin, has been appointed as interim CEO of the exchange. Mukaddam remains an active shareholder...

Subdued economy impacts Etion Group results

Etion Group has announced reviewed provisional condensed consolidated annual results for the year ended 31 March 2019. Key features include revenue up 4% to R595,9-million; gross profit margin up 2% 30,3%; EBITDA down 49% to R31,1-million;lLoss of R2,9-million;...