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Microsoft injects R1.3bn into SA economy in BEE deal

The investment agreement between Microsoft SA and the Department of Trade, Industry and Competition will prioritise skills development in artificial intelligence. ....

South Africa , South Africans , South African , Ebrahim Patel , Malebo Mabitje Thompson , Lillian Barnard , Kalane Rampai , Equity Equivalent Investment Programme , Localisation Support Fund , Microsoft Africa ,

Microsoft announces R1.3bn SA fund to boost black-owned businesses in deal with govt

Microsoft is set to create a fund of around R1.3 billion for future-focused skills development and black-owned businesses in South Africa in terms of an agreement with the dtic - the biggest pledge of its kind yet, says Minister Ebrahim Patel. ....

South Africa , South Africans , Ebrahim Patel , Kalane Rampai , Equity Equivalent Investment Programme , Department Of Trade Industry , Trade Industry ,

Microsoft, dtic enter empowerment agreement

Microsoft and the Department of Trade, Industry and Competition (dtic) on Tuesday entered into an empowerment agreement to unlock programmes to support skills and capability development, as well as enterprise development for youth and small, medium-sized and microenterprises (SMMEs). The agreement provides for a significant investment, estimated at R1.3-billion, by Microsoft South Africa over the next ten years, that will support SMMEs and black industrialists in navigating the changing landscape of the technology revolution. ....

South Africa , South Africans , South African , Kalane Rampai , Ebrahim Patel , Lillian Barnard , Development Council , Localisation Support Fund , Equity Equivalent Investment Programme , Microsoft South Africa , Microsoft South African , Competition Minister Ebrahim Patel , Equity Equivalent Investment ,