SA’s Netsurit and US’s Marathon Consulting merge

South African technology services company Netsurit and US firm Marathon Consulting, both ranked among the world’s top 300 IT managed services providers (MSPs), have concluded a merger in terms of which Marathon Consulting will become part of Netsurit. The deal...

The Carlyle Group Acquires CMC Networks

Global Alternative Asset Manager The Carlyle Group has announced that it has agreed to acquire a majority share of CMC Networks, a Pan-African provider of managed connectivity solutions for global telecoms providers. Investec Equity Partners, who was represented by...

AEEI acquires 51% of Headset Solutions

Having recently announced the acquisition of a siginificant stake in IT company Puleng Technologies, AEEI continues on its acquisition plan to bolster its Technology division by acquiring 51% equity in Kalula Communications, trading as Headset Solutions. Based in...

AfriFoon is first all-Afrikaans cell phone service

AfriFoon has become the first one-stop cell phone service to offer cell phone services exclusively in Afrikaans. In addition, customers will have the option of month to month or post-paid packages, including debit order facilities, a wide choice of premium handsets as...

Keep your business afloat in a tough economy

Smart importers could reduce their cost of goods by as much as 40%, thereby undercutting competition while growing their own profit margin. According to Renier Nell, a master tax practitioner and director of accounting and tax firm Innovative Accounting Solutions,...

Vodacom launches Business Booster for SMEs

Lack of funding is regularly cited as one of the major contributors to the widely accepted statistic that 80% of South Africa’s small businesses fail in the first three years. What is lesser known is that this lack of funding is often a consequence of a weak...