Jonathan Duncan joins Vertiv Africa

Vertiv has appointed Jonathan Duncan as application engineering and technical solutions director for Africa. In this capacity, Duncan will report directly to Vertiv’s MD for Africa, Wojtek Piorko. “With more than 25 years within the critical power and...

Ardagh sets up Africa centre of excellence

Ardagh Group, a global supplier in sustainable packaging solutions, has announced the first step towards the creation of a global centre of excellence (CoE) to be established in Cape Town. Ardagh’s new CoE will deliver certain IT services to Ardagh’s...

Lenovo delivers stable profitability

Lenovo Group has reported group revenue of $62 billion and net income of $1.6 billion, or $1.9 billion on a non-Hong Kong Financial Reporting Standards (HKFRS) basis. Profitability was stable with gross margin and operating margin both delivering 18-year highs and...

Zoho reports 65% YoY upmarket growth

Zoho has announced investments across its entire portfolio to accelerate upmarket momentum. The company has witnessed a three-year CAGR of 65% in mid-market and enterprise segments, which now represents one-third of the entire business. The company now boasts more...

Tyme secures new international investors

Tyme has successfully secured two new international investors as part of its pre-series C capital raise launched in January this year. This comes as the group’s South African flagship, TymeBank, celebrates its 7-million customer milestone this month (12 May...

New appointments at aYo Holdings

African insurtech aYo Holdings has made two new C-suite appointments as it looks to accelerate its ambitious growth plans across the continent and into the South African market. The company has named Ivan Welch as its new chief customer acquisition officer and Miles...