Andile Ngcaba-led subsidiary launches R5m ISP fund

Andile Ngcaba-led subsidiary launches R5m ISP fund

An internet service provider entrepreneur at work. Tech Credit Fund, a subsidiary of Solcon Capital, has launched a credit fund to support black-owned internet service providers (ISPs) and accelerate broadband connectivity in SA’s townships and rural communities. Solcon Capital is businessman Andile Ngcaba’s global investment firm. According to a statement, the credit fund will provide…

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Cut electricity prices for data centres: Andile Ngcaba

Cut electricity prices for data centres: Andile Ngcaba

Andile Ngcaba Convergence Partners chairman Andile Ngcaba said on Friday that government should consider granting a special electricity tariff for data centres to support the ICT sector’s growth. This would be similar to the dispensation offered to the mining industry, which enjoyed special rates that in the past that helped the sector become a cornerstone…

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