Tag Archive | Vodacom

Adcock Ingram signs commitment to good business practice guidelines for Africa

The CEO of leading South African pharmaceutical manufacturer Adcock Ingram, Mr Andrew Hall, recently signed the Guidelines for Good Business Practice by South African Companies Operating in the Rest of Africa. The signing ceremony, which was witnessed by the Minister of Trade and Industry, Dr Rob Davies, took place at the dti Campus in Pretoria. The guidelines are […]

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Posted in Business0 Comments

Board changes in Vodacom BEE scheme

Vodacom’s BEE scheme, YeboYethu has announced the resignation of Mr Tlhabeli Ralebitso as a non-executive director of the special purpose vehicle. His resignation was effective from the 5th of May 2017. The board shared its gratitude to Mr Ralebitso for his valuable contribution to the company, for the past eight years and wished him the […]

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Peter Moyo new Old Mutual Emerging Markets CEO

Old Mutual plc has announced the appointment of Peter Moyo as chief executive officer of Old Mutual Emerging Markets (OMEM). The company said Myo will take up his new position on 1 June 2017. Moyo has deep financial services experience, having been CEO of Alexander Forbes from 2005 to 2008 and prior to that Deputy […]

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Posted in Government1 Comment

Vodacom Group aims to increase black ownership

Mobile giants Vodacom might take part in one of the biggest deals ever aimed at uplifting black participation in the economy, that’s according to Bloomberg, who cited two close sources. It is reported that Vodacom Group plans to buy back part of the 12.47% stake owned by the Public Investment Corporation (PIC), Africa’s biggest money […]

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Posted in B-BBEE, Business, ICT0 Comments

Vodacom to boost its BEE credentials

For all its size, mobile telephone giant, Vodacom, has only a measly 3.4% black shareholding. But this is set to change soon following the Public Investment Corporation’s move to sell its 15% stake in the company to a consortium of black investors, PIC Chief Executive, Dan Matjila, has disclosed. “We’d be happy if the shares […]

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Posted in B-BBEE0 Comments

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