Business Connexion (BCX) News

COMESA approves Telkom, BCX $216M deal

COMESA approves Telkom, BCX $216M deal

South Africa’s fixed line operator Telkom’s proposed purchase of Business Connexion (BCX) has been approved by the Common Market for Eastern and Southern Africa, which said the ZAR 2.67 billion buyout could proceed.

Telkom

Telkom's R2.7B ($234M) acquisition of South Africa's Business Connexion can still go ahead without license swap

Telkom SA SOC Ltd.’s planned 2.7 billion-rand ($234 million) acquisition of South Africa’s Business Connexion Group Ltd. is “100 percent on track” even as the phone company withdrew an application for a license transfer.

Business Connexion

Business Connexion (BCX) appoints Isaac Mophatlane as CEO

Business Connexion (BCX), IT firm from South Africa has appointed Isaac Mophatlane as chief executive officer (CEO) in place of his twin brother, the late Benjamin Mophatlane, who passed away last month.