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Entersekt – South Africa – 25.1% Shareholding – An online banking security company. AlphaCode – South Africa – 100% Shareholding – A technology venture capital firm in South Africa. Merchant Capital – South Africa – 25.1% Shareholding – A provider of working capital finance to SMEs in South Africa. [14] Held through AlphaCode.
Softline Limited acquires major competitor Pastel Software - A significant milestone in the history of Softline was the acquisition of Pastel Software. [29] This acquisition consolidated Softline's position as the largest accounting software vendor in southern Africa (with an estimated 80% market share) and then the second largest in Australia.
Data Control won an award from "Best Of The Planet Awards 1996 IN THE CATEGORY OF WWW INTERNET PROVIDERS" on 2ask.com. [1] Data Control & Systems was the first internet service provider in Zimbabwe. [2] They provided a technological first in Southern Africa. They were started in South Africa as a subsidiary of UUnet Internet Africa. The main ...
Get answers to your AOL Mail, login, Desktop Gold, AOL app, password and subscription questions. Find the support options to contact customer care by email, chat, or phone number.
In 1992, RMB Holdings (RMBH) acquired interest in Momentum Life Assurers Limited. [6] On April 1, 1998, Anglo American Corporation of South Africa Limited (now Anglo American plc) merged its financial services interests with RMBH in order to achieve the objective of a unified financial services grouping known as First Rand. [7]
External companies are those foreign companies which carry on business or non-profit activities within the Republic of South Africa, subject to sections 23(2) and 23(2A). What constitutes "carrying on business" was radically altered by the insertion of section 23(2A) with the first Amendment Bill.
OUTsurance was launched on 28 February 1998 as a wholly owned subsidiary of RMB Holdings to provide short-term insurance to individuals. [3] On 1 January 2000, OUTsurance acquired the First National Insurance group (FNI) from FirstRand in an all share deal that gave RMBH and FirstRand each an interest of 47.5% in the merged entity, with 5% being held by the staff trust.
On 17 December 2021, Eskom legally transferred its transmission division to the National Transmission Company of South Africa; [2] 374 transmission lines with a total length of 33 199 km, 500 three-phase transformers with a total capacity of 159 384 MVA located at 169 transmission substations were transferred to the NTCSA. [3]