Schneider appointment strengthens board

Schneider Electric South Africa, a specialist in energy management, is pleased to announce that Canninah Mapena and Bongani Twala have been appointed as executive directors to its board, with immediate effect. Mapena also serves as the director of the energy division...

Intel Capital invests $62m in 16 companies

Intel Capital, Intel Corporation’s global investment organisation, has announced at the Intel Capital Global Summit investments in 16 technology companies. Totalling approximately $62 million, the investments cover a broad spectrum of innovative technologies. “Intel...

Choosing an asset finance solution

Arranging finance for business equipment can seem like a daunting task. However, it doesn’t need to be. There is a range of flexible asset finance solutions to suit every organisation, and some, more than others, offer sound opportunities to put working capital to...

SMEs have alternatives to bank loans

If you’re a South African entrepreneur or small business owner looking for financing to start or expand a business, you’ve probably become accustomed to banks and venture capital firms slamming the door in your face. Luckily, there are alternatives.

Alcatel-Lucent, China Huaxin close sale deal

Alcatel-Lucent has announced that it has closed the sale of its subsidiary Alcatel-Lucent Enterprise to China Huaxin Post & Telecommunication Economy Development Center. Cash proceeds to Alcatel-Lucent are €202-million. As previously announced, Alcatel-Lucent will...

Database 360 extends UK operations

South African marketing consultancy Database 360 has extended its business in the UK, opening a new office in Richmond, London. According to sales director Louise Robinson: “Having a UK presence allows us to better serve existing, and potential, UK-based clients.”...