Outspoken founder of Sygnia, Magda Wierzyka, will be handing over the reins of the multi-billion rand investment house to joint chief executive officer (CEO), David Hufton on 1 June 2021. Wierzycka will remain involved in the company as founder and non-executive director and, together with the executive management team and the board of directors, and...
Day: <span>26 March 2021</span>
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TikTok parent company ByteDance hires CFO in a step towards IPO
TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech company is moving towards a much-anticipated initial public offering of one or some of its businesses. ByteDance has been considering whether to go for a standalone public listing for Douyin,...
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Ghana takes delivery of first COVID-19 vaccines donated by MTN Group
The first 165,000 of up to 7 million COVID-19 vaccine doses that MTN Group is donating to African countries have arrived in Ghana, the South African telecoms company said on Tuesday. It is donating $25 million to support the African Union’s vaccination programme. The vaccines are intended to be distributed to health workers across the...