African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity fund manager, has acquired a minority equity stake in open access fibre network operator, MetroFibre Networx, through the newly incorporated Digital Infrastructure Investment Holdings platform. AIIM’s R980 million investment forms part…
South African fibre broadband provider MetroFibre Networx, which is led by former Absa CEO Steve Booysen, has raised R1.5-billion in a new funding round led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers (AIIM). The deal gives AIIM,…
Vodacom’s latest results revealed that the biggest contributor to its increase in expenses is its roaming agreement with Rain. Vodacom’s interim results for the six months ended 30 September 2020 showed that its expenses in South Africa increased by 6.9%…
Imagine if sleepy old Absa used the courts to try to stop one of the new digital banks such as TymeBank or Bank Zero from opening, or Santam tried to strangle new short-term insurers such as Naked and Pineapple in…
Secondary stock exchange, A2X issued an update on its operations on Tuesday, showing that since its launch in October 2017, it has recorded 80 000 trades to the value of some R5.7-billion. But it still gets less than 1% of…
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