Raxio Tops US0 Million in Committed Capital as Roha and Meridiam Boost Stakes Amid Sixfold Growth Surge for its African Data Centres

Raxio Tops US$380 Million in Committed Capital as Roha and Meridiam Boost Stakes Amid Sixfold Growth Surge for its African Data Centres

Raxio Group, Africa’s most expansive data centre platform, surpassed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth following a sixfold surge in contracted capacity this year. The additional equity from Roha and Meridiam extends Raxio’s capital base from a previous US$350 million, building…

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Trading rules near as Eskom tools up to compete

Trading rules near as Eskom tools up to compete

Eskom CEO Dan Marokane. Image: Eskom New rules governing electricity trading in South Africa are imminent, Eskom CEO Dan Marokane has said, while defending the utility’s controversial court challenge over trading licences and suggesting critics who call it anticompetitive either haven’t read the draft rules or have “read them and not understood them”. In an…

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Why eMedia’s Openview Stream is skipping South Africa

Why eMedia’s Openview Stream is skipping South Africa

eMedia CEO Khalik Sherrif eMedia has launched Openview Stream, a free, ad-supported streaming television (Fast) platform, in seven African markets – Kenya, Ghana, Rwanda, Zambia, Botswana, Namibia and Mauritius – taking its Openview brand beyond South Africa’s borders for the first time. And eMedia group CEO Khalik Sherrif has explained why the group’s home market…

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Digital-first cannot become digital-only says comms minister

Digital-first cannot become digital-only says comms minister

Minister of Communications and Digital Technologies, Solly Malatsi has warned that “digital-first” must not become “digital-only”, as he addressed digital exclusion and the erosion of public trust at the recent Social Media Summit for Government in Johannesburg. Minister of Communications and Digital Technologies, Solly Malatsi and Lorato Tshenkeng, founder and CEO of Decode. in conversation…

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