New deputy head: M&A at MTN

The MTN Group has appointed Kholekile Ndamase as deputy head of mergers and acquisitions, with effect from 10 September 2016. Ndamase joins MTN from Rand Merchant Bank (RMB), where he led the equity-based financing business. In this role, he led a team of...

Power outages shake SMEs’ confidence and stability

This year looks set to be another one where South Africans are made to come to terms with load shedding, writes Brandon Bekker, MD of Mimecast South Africa. Amazingly, the looming power cuts have replaced crime to become the number one threat SME businesses fear...

MTN streamlines warehouse operations

MTN SA is streamlining and modernising its Midrand warehouse operations to improve efficiencies and customer service. This is part of a drive to focus on the core business while exploring adjacent growth opportunities. This business model change has resulted in...

Vantage funds R250m Vumatel expansion

Vantage Capital, Africa’s largest mezzanine fund manager, has disbursed the second and final tranche of a R250-million ($16,6-million) expansion capital facility to Vumatel. The funds will be used for the on-going expansion of Vumatel’s fibre-to-the-home...

What is corporate SA doing wrong in transformation?

Employment equity has been high on the agenda since 1998, yet it seems very little progress has been made, writes Sydwell Shikweni, transformation director at Merchants. The 16th Commission for Employee Equity (CEE) Report, recently released by the Department of...

Jacobson is new Xerox CEO

Jeff Jacobson has been appointed as the CEO of Xerox Corporation following the completion of the company’s planned separation into two publicly traded companies. Jacobson currently serves as president of Xerox Technology and will continue in his current role until the...