Obsidian, Grape unite to secure corporate comms

Obsidian Systems has announced a partnership with integrated secure messenger Grape, to help South African businesses bolster their security. The alliance effectively adds a fresh layer of security and compliance within corporate communication, particularly...

MFS Africa acquires Beyonic

Pan-African cross-border payments leader MFS Africa has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact entities across Africa. MFS Africa is Africa’s largest digital payments hub, connecting...

Standard Bank signs Covid-19 response loan with IFC

The Standard Bank of South Africa (SBSA) has signed a $185-million, three-year loan agreement with International Financial Corporation (IFC), a development finance institution that is part of the World Bank Group, with a focus on private sector development. The loan...

TeleMasters announces two new acquisitions

TeleMasters Holdings (TLM), a licenced communication service provider in the South African market, has acquired a 100% shareholding in two local ICT companies. Following the announcement last week that TeleMasters had acquired a 25% stake in data centre specialists...

Prof Brian Armstrong joins Old Mutual board

Old Mutual has announced the appointment of Professor Brian Armstrong to its board as an independent non-executive director with immediate effect. Prof Armstrong brings with him more than 30 years of national, regional, and international experience. He is widely...

TeleMasters Holdings acquires 25% shareholding in ConexLink

JSE-listed TeleMasters Holdings (TLM), a licenced communication service provider, has announced the acquisition of a 25% stake in data centre specialist ConexLink, effective 1 June. ConexLink, a new carrier neutral and vendor neutral facility outside Pretoria, brings...