Planet42 triples size of its socially-inclusive business

Planet42, a car subscription company that puts cars in the hands of people, has seen exponential growth with a tripling of vehicle acquisitions over the last 12 months. The company has purchased 10 000 cars since its inception, providing hardworking, deserving...

Altron delivers solid results

Altron has announced its financial results for the year to February 2022, during which both revenue and operating income gained. Revenue grew 5.7% to R7.9 billion while operating income grew in the double digits at 34,2% to R498-million compared to the previous year,...

Amendments to the Listings Requirements effective from 1 June

Amendments to the JSE Listings Requirements to cut red tape and achieve effective, fit-for-purpose regulations for financial markets have been approved. Madelein Burger, partner; Gopolang Kgaile, senior associate; and Nasrin Kharsany, senior knowledge lawyer at Webber...

CIVH announces new infrastructure company

Community Investment Ventures Holdings (CIVH), the Remgro and New GX-controlled parent company of fibre infrastructure operators Dark Fibre Africa (DFA) and Vumatel, announced that effective 1 May 2022, its two fibre network assets would be managed under a new...

SA IoT company signs OEM deal with UK vaccine fridge manufacturer

Beyond and Dulas have announced a new OEM deal which sees Beyond’s remote temperature monitoring device integrated into Dulas’ range of Solar Direct Drive (SDD) vaccine refrigerators at the factory. Dulas and Beyond are both well-established players in the...

AIIM completes follow-on acquisition in MetroFibre Networx

African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has confirmed the completion of a follow-on acquisition in MetroFibre Networx (MetroFibre) first announced in June 2021, following...