White Noise

The Comparex cash connection

With Business Connexion set to be the empowerment partner, what will happen to that cash pile?

02 November 2003

With Business Connexion set to be the empowerment partner, what will happen to that cash pile?

Comparex`s search for a black economic empowerment (BEE) investor has seemingly drawn to a close with a cautionary announcement to the effect that Business Connexion with become a 25.01 percent shareholder in the group.

Business Connexion, headed by Benjamin Mophatlane, is a Microsoft partner with revenues of R386 million in the year to February.

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