Gerald Naidoo appointed Technologiks CEO

Technologiks has announced the appointment of Gerald Naidoo as CEO. Naidoo will be responsible for growing the business locally, and across the continent. Having held top management positions at international leaders such as Unisys, CSC and HP, Naidoo holds a number...

Series-A funding for SA data startup

Omnisient, a Cape Town-based privacy-by-design startup that specialises in secure data sharing for businesses, has landed pre-Series A funding from Nedbank CIB, Investec and Compass Venture Capital. With the vision of democratising data, Omnisient’s intersect.ai...

Endeavor entrepreneurs have an economic impact

During his 2020 Budget Speech, Finance Minister Tito Mboweni stated that entrepreneurs will ignite the economy and drive job creation. Proving his words are the 26 entrepreneurs being supported by Endeavor South Africa who, over the past three years, have delivered...

The impact of Covid-19 on markets

The spread of coronavirus, Covid-19, beyond China has created fresh uncertainty for the global growth outlook and sparked volatility in financial markets. Outbreaks in South Korea, Iran and Italy have raised concerns that the spread outside of China may be...

Insight Partners completes Veeam acquisition

Insight Partners has completed its acquisition of Veeam, at a valuation of approximately $5-billion. “Insight has been a trusted partner since 2013 when they made their first minority-stake investment in Veeam,” says Bill Largent, CEO of Veeam. “They...

Altron Nexus confirms new MD

Altron has announced the confirmation of Mark Harris to the permanent role of MD of Altron Nexus. Andrew Holden, group chief operations officer, says Harris will report directly to him. Holden comments: “Mark has been acting as Altron Nexus MD for almost six...