IsoMetrix acquired to create NOSA partnership

The Carlyle Group, a global investment firm with $223-billion of assets under management, has acquired a majority stake in IsoMetrix, a world-leading environmental, health and safety (EHS) software vendor, through its $698-million Carlyle Africa (Buyout) Fund. Madison...

Black-owned asset managers diversify into private markets

Black-owned asset management firms are introducing product offerings that cater towards increased interest from institutional investors towards real assets such as infrastructure and private equity. That’s one of findings from 27four Investment Managers’...

Lenovo doubles year-on-year income

Lenovo has announced group revenue in the first quarter reached $12,5-billion, the eighth consecutive quarter of growth. Pre-tax income more than doubled year-on-year, growing by $127-million to reach $240-million. Net income also more than doubled, up $85-million to...

Seed funding for financial inclusion start-up uKheshe

10 months since launching its financial inclusion platform, fintech company uKheshe has announced the completion of its first seed investment round. Initially under incubation as a CSI initiative within software development house Jini.Guru, uKheshe has successfully...

FuseForward appoints new MD in SA

International cloud solutions and managed services provider FuseForward has announced the appointment of a new MD for its South African operations. IT industry stalwart Premie Naicker has taken up the post, and will be helping to grow FuseForward’s footprint in...

Ricoh completes DocuWare acquisition

Ricoh has completed its acquisition of content services software business DocuWare. DocuWare, which has headquarters in both Germany and the US, provides cloud and on-premise document management and workflow automation software. David Mills, corporate senior...