R2.5bn - eriinfo

US funding cuts put R2.5bn SA sci-tech research at risk

eriinfo.com1 day ago07 mins

Science, technology and innovation minister professor Blade Nzimande. The US funding cuts to the national system of innovation have exposed South Africa’s over-reliance on foreignresearch funding and limitations to its science, tech and innovation (STI) funding model. This, as nearly R2.5 billion in research activities and more than 2 000 research positions remain at risk,…

Datatec CEO Jens Montanana lifts stake to R2.5bn

eriinfo.com1 year ago05 mins

Datatec CEO Jens Montanana. Datatec CEO Jens Montanana has increased his stake in the company to R2.5 billion through incremental share purchases, underscoring his confidence in the ICT distribution group. Before his latest share purchase yesterday, Montanana was already Datatec’s largest shareholder, surpassing the Public Investment Corporation (PIC), which is Africa’s biggest investment manager, with…