Miracle Rising: South Africa, a History channel documentary that was aired on South African television on February 10, 2013, takes a unique perspective on South Africa’s political transformation. Dimension Data hosted the world premiere of the documentary on Thursday, 7 February 2013. As a lead sponsor of the documentary, it reflects of the value that Dimension Data places on nation building and on being a committed South African company.
Dimension Data has launched an online platform, bepartofthemiracle.com, to coincide with the screening of Miracle Rising: South Africa, a 90-minute documentary of the four years between the release of Nelson Mandela in 1990 to the elections in 1994. This documentary and online platform is part of the broad based black economic empowerment transaction that is lead by Convergence Partners.
Convergence Partners’ Chairman, Andile Ngacba, was the keynote speaker at the inaugural FTTH Council Africa broadband conference held in Cape Town on 12 and 13 November 2012. Andile outlined the four key pillars to broadband growth viz; regulatory and policy issues; technology (especially photonics); new business models; and skills development.
A consortium of South African investors led by Convergence Partners, and comprising Altirah Telecoms and the Convergence Partners Foundation, has recently disposed of its 25.1% interest in the New Dawn joint venture to Intelsat S.A, its joint venture partner and the majority shareholder of New Dawn.
Convergence Partners Chairman, Andile Ngcaba, has been shortlisted for 2012 AfricaCom Personality of the Year Award for his significant impact on the Africa’s telecoms, media and ICT industry. He was selected amongst a record number of submissions for the Award.
Convergence Parnters is pleased to announce its re-investment in Dimension Data Middle East & Africa (DDMEA) on the expiry of the original BEE transaction and is proud to have led this landmark empowerment initiative. Since 2004 Convergence Partners has been invested in DDMEA as lead partner to a wide-ranging black economic empowerment consortium, and as a strategic partner to Dimension Data itself. In December 2010, we acquired a further interest together with Dimension Data on the exit of Safika.
Saki Missaikos, the new Internet Solutions (IS) Managing Director was profiled on the technology news site, Techcentral.
In his interview by Duncan McLeod, Saki admits to be being a geek at heart, and says technology is one of his favourite hobbies.
IFC, a member of the World Bank Group, today announced an equity investment of $35 million in the Convergence Partners Communications Infrastructure Fund to support more rapid development of information and communications technologies across Africa. The fund is expected to play an important development role in Africa, where ICT infrastructure bottlenecks impede the growth of business and companies lack access to finance, especially risk capital and related expertise from investors that can help businesses succeed.
Convergence Partners released its Annual Report for 2011 financial year, celebrating an exciting and successful first five years of investing in the fast growing African ICT market.
In his Chairman’s report , Andile Ngcaba highlights the beneficially disruptive effects that the flood of broadband infrastructure (international submarine, wireless and satellite infrastructure) will have on the African market. In addition, new technology developments such as LTE, digital terrestrial broadcasting and social media will be making a significant impact on the African ICT landscape.
Allan Cawood, CEO of Dimension Data Middle East & Africa (MEA) has stepped down after serving the company since 2001 to pursue other personal and professional interests. Derek Wilcocks, Managing Director of Dimension Data’s wholly-owned Internet Solutions business, has been appointed to succeed Cawood as CEO with immediate effect. Saki Missaikos, currently Sales Director for Dimension Data MEA since 2003, will over the reins as Managing Director of Internet Solutions in Derek’s stead.
Convergence Partners wishes to take this opportunity to wish Allan well in his future endeavours and to thank and congratulate him on his solid stewardship of the business. During Allan’s tenure as CEO the business achieved three-fold revenue growth and doubled profits.
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