Tuesday, July 16, 2024
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B-BBEE

Absa Plans $636-Million Black Empowerment Deal for Staff & Investors

Absa, one of South Africa's largest banks, is currently planning a $636-million (R9,4-billion) transaction which could possibly see 8% of the lender's shares given to staff and third-party investors. Further, Media24 reports, the transaction will enable all of Absa's employees...

Networks Unlimited announces B-BBEE deal and unveils new corporate ID

Networks Unlimited, an African value-added distributor of converged technology, data centre, networking, and security technology solutions, has announced a 53 percent broad-based black economic empowerment (B-BBEE) deal, which has strong educational and community upliftment leanings. Networks Unlimited has announced the...
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Top Internet Provider Unveils High-Speed 5G Network in SA

Vox launched its 5G service in South Africa on May 6, 2024. The service offers high-speed connectivity and exceptional performance,...
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