Convergence Partners is an investment management and advisory firm, focused on the telecommunications, media and technology sector in emerging markets, with a principal focus on Africa.

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Dimension Data say cheers on a high note – Dimension Data delisting from JSE

November 18th, 2010 | admin
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After being listed on the JSE for the past 23 years, today marked the final day of trading of Dimension Data shares. However, Didata exited on a high note with it reporting strong full year results for 2010.
The Dimension Data group, which is being acquired by Japan’s Nippon Telegraph and Telephone (NTT) Corp, reported a 9,9% increase in sales in constant currency terms in the 2010 financial year to September. The company reported revenue growth of 19,4% to US$4,74bn, due in part to currency gains.

New Dawn profiled in Communications Africa Magazine

August 11th, 2010 | admin
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In the latest edition of Communications Africa Magazine, the technical and commercial benefits of geostationary communications satellites are assessed, contrasting them to both the failed high profile experimental satellite technologies of the previous decade, as well as to other communications technologies in Africa, notably fibre, as it arrives on the continent’s shores in abundance. In particular profiling the New Dawn satellite.

Convergence Partners Chairman, Andile Ngcaba, participates in IEEE 2010 flagship conference, held for the first time in Africa

May 25th, 2010 | admin
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The IEEE Communications Society is holding its 2010 flagship conference International Communications Conference (ICC2010) in Cape Town, South Africa from 23-27 May 2010. This is the first time that ICC has been held in Africa. The conference theme is “Communications: Accelerating Growth and Development” and aims to focus on the role that Communications is playing in this development. Andile Ngcaba, Chairman of Convergence Partners, participated on the business panel after the keynote address by the Minister of Science and Technology.