Eaton Towers sells SA tower portfolio to ATC

Eaton Towers Group has signed a definitive agreement to sell its South African towers to ATC South Africa for an undisclosed sum. Terry Rhodes, CEO of Eaton Towers, says: “The successful execution of our build-to-suit strategy over the last few years has...

Transformation as a strategic imperative

Organisations are increasingly redirecting their attention and focus on transformation as they prepare to be evaluated according to the new B-BBEE Codes later this year. The revised codes of good practice around BEE come with relatively steep demands. Traditionally,...

Snapt scores $1m funding from Convergence Partners

Local technology start-up, Snapt, has secured $1-million (R15 814 450.00) in funding from investment firm, Convergence Partners. Dave Blakey, CEO of Snapt, says that the backing by Convergence Partners is more than a vote of confidence in Snapt’s potential; it...

Aspect set to reduce long-term debt

Aspect Software, a leading cloud provider of fully-integrated consumer engagement, workforce optimisation, and back-office solutions, today announced that its strategic action to facilitate its long-term growth, product innovation and ongoing pivot towards becoming...

Are negative interest rates the new abnormal?

A move toward negative interest rates by central banks across the world could affect the sustainability of money market funds, the tightening of lending conditions and result in money being kept ‘under the mattress’. Speaking today at the annual Nedgroup...

Xperien acquires stake in ITAMSA

Local IT asset disposal (ITAD) specialist Xperien has acquired a 49% shareholding in Information Technology Asset Management South Africa (ITAMSA). The newly formed partnership will help companies manage their IT assets more efficiently and cost-effectively,...