Author: PageOne

Amadeus stakes USD40 million on Travelstart
Tech

Amadeus stakes USD40 million on Travelstart

Amadeus a global technology investor, said it has USD40 million investment in Travelstart in partnership with MTN Group. Travelstart is an online travel agency in Africa, and has built a market leadership position in South Africa, Nigeria, Egypt, Kenya and parts of the Middle East. The growth investment by Amadeus […]

NBS Adopts Stanbic IBTC’s PMI Data
Big Business

NBS Adopts Stanbic IBTC’s PMI Data

The National Bureau of Statistics, NBS said it has has officially adopted the Stanbic IBTC Purchasing Manager’s Index PMI as the Nigerian government’s private sector-based index. Making this revelation at the official launch of the Stanbic IBTC PMI on Monday, December 7, 2015 in Lagos was the Statistician General of […]

Investec Asset Management Buys Into wiGroup
Global

Investec Asset Management Buys Into wiGroup

Investec Asset Management said he has acquired a significant shareholding in wiGroup, South Africa’s only interoperable point-of-sale mobile transacting network. The deal will enable Investec Asset Management to partner with wiGroup and Capital Eye Investments (“CEI”) to support wiGroup’s growth and development on a local and international level. Founded in […]

Naspers Sells Stake In Netretail
Global

Naspers Sells Stake In Netretail

Naspers has announced that it has sold off its stake in Netretail. The company said the transaction forms part of an ongoing strategy to optimise its group structure. Naspers acquired Netretail (a Czech-based online retailer) and eMAG (the Romanian based internet retailer) in 2012, with a plan to merge the two […]