RedCloud appoints Sameer Jooma as GM for SA

UK-headquartered global technology firm RedCloud Technology has announed the appointment of Sameer Jooma as GM for South Africa. Jooma will be responsible for accelerating the adoption of the world’s first Open Commerce platform, Red101, and driving growth in...

Teraco acquires iconic building

Teraco has acquired the iconic Great Westerford building in Cape Town from Ingenuity Property Investments. Great Westerford, a landmark building with over 30 000sqm of premium grade office space, is situated in the prime location of Rondebosch, Cape Town. The...

New HR executive and company secretary for Altron

JSE-listed technology group Altron has appointed Pam Xaba as group executive: human capital, and Mbali Ngcobo as group company secretary, as of 1 February 2023. Altron Group chief executive Werner Kapp comments: “I am pleased to have both Pam and Mbali as part...

RMB establishes a US presence

Rand Merchant Bank (RMB) is now operating from a New York based representative office, to facilitate greater US business flows into the African continent. RMB’s parent, FirstRand Bank, has received all necessary approvals from the United States Federal Reserve...

HealthCloud joins Alula Technologies Group

ROX Equity Partners, a UK based private equity company, has acquired the innovative health data technology platform HealthCloud. HealthCloud, which provides universal healthcare data interoperability and intelligence, will be integrated into the Alula Technologies...

Lulalend secures $35m to scale its business

Lulalend has finalised a transformational $35-million (R600-million) Series B funding round and will use the capital to scale its business to address South Africa’s enduring SME credit gap – estimated to be more than $20-billion per year, according to the...