Environmentally friendly battery recycling for SA on the cards

A US business and a South African investment business have signed a term sheet to form a joint venture to build and operate two environmentally sustainable battery recycling facilities in South Africa. Through the joint venture, the companies aim to bring radical...

Chief restructuring officer for Cell C

Cell C has appointed Brett Copans into a newly-created role of chief restructuring officer. The intention of this role is to ensure the prudent and efficient use of resources and funding allocation to high value opportunities. This is critical to reviewing all major...

Ukheshe International attracts investment from DPI, Fireball Capital

Ukheshe International has announced the conclusion of an investment agreement that will help accelerate its international expansion. The investment will be led by ADP III, a fund advised by Development Partners International (DPI), an Africa-focused investment firm...

Equity crowdfunding platform raises R6m

Two African businesses have reached their minimum funding goals, raising over R6-million in just six weeks through equity crowdfunding. The fundraise was facilitated by GoGetta, a newly-launched equity-based crowdfunding platform focused exclusively on African...

OpenText SA retains B-BBEE Level 1 rating

OpenText has achieved a Level 1 Broad-Based Black Economic Empowerment (B-BBEE) rating for the fifth consecutive year. “For us, B-BBEE is about much more than compliance. We believe that every member of corporate South Africa plays a crucial role in transforming...

Datatec commits to net zero target

Datatec has officially committed to the Science Based Targets initiative (SBTi) Corporate Net Zero Standard – the world’s first framework for corporate net zero target setting in line with climate science. Through this commitment, Datatec joins the...