Activate-Telecoms is a company that is dedicated to the successful management of every aspect of the telecommunications landscape and we have some very exciting news to share with you!
During 2017 our business diversified and our executive team headed up by our Chairman Mbokodo Mahlaleha is actively pursuing opportunities to reignite the entire industry
Activate-Telecoms is delighted that Mbokodo Mahlalela has purchased a 25% stake in Activate Telecoms. This results in equal shareholding to Mark Ritchie, Wimpie Westcott, David Lipton and of course Mbokodo.
Having held the positions of Independent Chairman of the Board and Acting Managing Director over the last few years, it means that his expertise and knowledge of the industry will add huge value to our offering
Mbokodo comments, “In line with my stated objective of driving black economic empowerment in the entities in which I participate at either Board level or an advisory capacity, I am happy to announce that I have purchased a 25% stake in Activate Telecoms which gives me an immediate equal shareholding with each of the three existing shareholders. Having held the positions of Independent Chairman of the Board and Acting Managing Director over the last few years provided me with a solid foundation on which to base my decision to invest in the business. I remain optimistic that the reconfigured ownership and progressive Management structures will propel the company to levels of success expected to flow from such transactions. This transaction is in line with the transformation objectives of the ICT Charter.”
Our new shareholder has the following credentials:
1. Researched Small Business Finance and Micro-lending in Egypt, Kenya, Tanzania, Hong Kong, The Philippines, Indonesia, South America, Central (Meso-) America and North America.
2. Delivered a paper “Successfully Funding SMMEs” in 1995 at the first State President’s Conference on Small Businesses, held in Durban, South Africa, hosted by then State President Nelson Mandela.
3. Attended the Executive Leadership Program at the Wharton School of Business, at the University of Pennsylvania and the Morgan State University in the U.S.A. Courses covered in the program included:
These accolades bring a real excitement and new dynamic to Activate and we couldn’t be more excited about what is to come.