Tech group 4Sight appoints Douglas Ramaphosa as director
Johannesburg Stock Exchange-listed technology group 4Sight Holdings has appointed Douglas Ramaphosa as independent non-executive director, with effect from August.
Ramaphosa, who is a brother of South Africa’s President, has more than 40 years’ business experience at executive management and board levels.
Currently, he’s the chairman of IRCA Proprietary Limited, a training company focusing on health, safety, environment and quality issues, mainly in the mining industry.
Ramaphosa also serves on the board ofCurro Holdings Limited, which is South Africa’s largest private education firm. In addition, he chairs the newly established Johannesburg Surgical Hospital board and BGM Pharmaceuticals.
Announcing Ramaphosa’s appointment to its board, 4Sight said: “Douglas served as an independent non-executive director for EnviroServ, Wildlife and Environment Society of South Africa, STADIO and also served at a senior executive level for corporations, including Altron, Transnet, ABSA and Anglo American.
“He was previously CEO of Bytes Healthcare Solutions, managing director of Bytes Specialized Solutions, and also served on the boards of Anglo American (SA), Eskom Enterprises and was chairperson of Rotek Industries.”
4Sight – which, through its subsidiaries, invests in technology and telecommunications – has had a strong showing in the past three consecutive years, and now plans to broaden returns through expansion into Africa.
In the current reporting period, the company's channel partner division continued to experience strong revenue growth, reaching nearly 800 partners across its African markets.