Housatonic makes non-binding offer for Metrofile

Metrofile has announced that the Housatonic Consortium has submitted a conditional, non-binding offer, in terms of which it has indicated its intention to make an offer to acquire the entire issued ordinary share capital of Metrofile, by way of a scheme of...

iHealthcare companies list on 4AX

4 Africa Exchange Proprietary (4AX), a licensed equity and debt exchange, has announced the imminent listings of iHealthcare Group and iHealthcare Group Holdings with effect from 13 December 2019. 4AX CEO Eugene Booysen comments: “We are thrilled to have secured these...

Dimension Data jumps two BBBEE levels

A BBBEE transaction was concluded last month and Dimension Data has achieved a 51% black ownership recognition status. This has significantly improved their BBBEE score from a level 4 to a level 2 for 2019. In April this year Dimension Data reported that their parent...

Dimension Data launches new security business

Dimension Data has launched its new security business, called Dimension Data Security. Dimension Data Security unites all the security offerings previously managed by the other four Dimension Data brands into one business, as well as incorporating the security...

Teraco appoints new CEO

Vendor neutral data centre, Teraco, has announced that Lex Van Wyk will step down as CEO, effective 1 January 2020. an Wyk will be succeeded by Jan Hnizdo, who has been an executive director of Teraco since 2011, having initially joined Teraco in the position of chief...

CIVH appoints Ndlovu as group CEO

Community Investment Ventures Holdings (CIVH) has announced the appointment of Raymond Ndlovu, as group CEO. CIVH has appointed Ndlovu to drive and lead the company’s ambitious growth plans. He will be accountable to the company’s board of directors which...