Shareholders increase stake in MetroFibre Networx

African Infrastructure Investment Managers (AIIM), along with a consortium comprising South African Housing & Infrastructure Fund (SAHIF), through its Digital Infrastructure Consortium platform and STOA, a foreign investment vehicle based in France, have agreed to...

Fintech invests into FundingHub to boost SME funding

Finch Technologies, a Cape-based fintech focused on creating better fintech ecosystems, has made a further significant investment to become the majority shareholder in South African marketingplace FundingHub, following a previous investment in 2019. “We made a...

IFS completes the acquisition of Axios Systems

IFS has concluded the acquisition of Axios Systems. The transaction, which was initially announced in March 2021, combines two pioneers of the service management space: IFS, with its leadership in Field Service Management and Axios Systems, with its strength in IT...

Changes to the Datatec board

Datatec has announced that Maya Makanjee, independent non-executive director, will become chairman of the board in succession to Stephen Davidson on 1 March 2022. Makanjee joined the Datatec board on 1 November 2018. She has considerable experience as an executive and...

Networks Unlimited achieves B-BBEE Level 1 rating

Networks Unlimited has been certified as a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 contributor. This rating comes a year after the company was previously recognised as a Level 2 contributor. CEO Anton Jacobsz comments, “As a company that is...