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Micromega adds Mubesko to municipal services portfolio

7th July 2014

By: Creamer Media Reporter

  

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JSE-listed Micromega Holdings on Monday announced the acquisition of a 50% stake in public-sector-focused financial advisory services firm Mubesko Africa.

The firm’s financial management and modelling tools were expected to complement the products offered by Micromega subsidiary Sebata Municipal Solutions.

“The extensive expertise in financial services that Mubesko can offer the group is evident and will complement our public sector businesses,” said Micromega CEO Greg Morris.

“Mubesko will contribute to the capacitation and skills development of municipal staff, thereby contributing to the sustainability of local government,” he concluded.

Edited by Creamer Media Reporter

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