One other windfall for Datatec shareholders

One other windfall for Datatec shareholders

Datatec CEO Jens Montanana Datatec is bringing in Common Atlantic – a significant international development fairness agency – as a minority investor and lender in Westcon-Comstor, its networking and cybersecurity distribution arm. The deal values Westcon at US$950-million (roughly R15.5-billion) and generates about $434-million (R7.1-billion) in money for Datatec, which it intends to pay out…

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Godongwana steps in as PIC probe gathers tempo

Godongwana steps in as PIC probe gathers tempo

The Public Funding Company (PIC) board has formally assumed oversight of a whistleblower grievance towards chief govt Patrick Dlamini following a particular assembly with Finance Minister Enoch Godongwana, amid an escalating dispute that has already triggered a forensic investigation, a R1 billion authorized menace and rising scrutiny of governance at Africa’s largest asset supervisor. In an announcement issued on…

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‘Why not Pitso?’ Kaizer Chiefs supporters react to Da Cruz hiring

‘Why not Pitso?’ Kaizer Chiefs supporters react to Da Cruz hiring

Kaizer Chiefs supporters have expressed combined reactions following the appointment of Fernando Da Cruz because the membership’s new head coach. The French-Portuguese tactician was unveiled by Amakhosi on Wednesday night, taking up from co-coaches Khalil Ben Youssef and Cedric Kaze. In a assertion confirming the appointment, Chiefs stated: “Kaizer Chiefs are happy to substantiate the…

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