Media release
26 February 2001
Global Technology has appointed two additional, non-executive directors,
Mashudu Tshivhase and Alex Mhlongo, to its board, effective January 2001.
Ray Leonard, CEO of Global Technology, says, "We are looking forward to the
benefits and value that we see our new directors adding to the Global
Technology Group. Both Mashudu and Alex have a firm grasp of the IT industry
and we welcome the strategic input and insight that their expertise will bring.
"In addition, both directors will add much value to the employment equity
programme that the Group now has in place. We will start working with them
immediately on this programme and expect to receive a lot of guidance from both
Mashudu and Alex on how we can strengthen our black empowerment initiatives.
Furthermore, the appointment of Mashudu and Alex creates a better balance of
executive and non-executive directors on our board."
Mashudu Tshivhase has over 20 years of IT experience and was instrumental in
establishing the first black-owned South African IT company in 1988. He is
currently executive chairman of both African Legend Technologies and Axs-One
African Solutions - both IT organisations.
Mashudu also serves as an executive director of Thsira Consolidated
Investments, African Legend Consulting, African Legend Solutions, African
Legend Technologies, African Legend Net, African Legend Investment Holdings and
is a trustee of Faranani Foundation Trust.
Alex Mhlongo currently owns and manages an investment company, Khanya Afrika
Investments, and is also an executive director of Structacom, a company that
offers turnkey solutions for telecoms, focusing on infrastructure. Alex has ten
years of experience consulting on a strategic and management level, with a
specific interest in market development, employment equity and black
empowerment.
In addition, he works closely with the Australian Trade Commission as a board
member of the South Africa Australia Business Association (SAABA). Through
SAABA he brings many important contacts to Global Technology's Australian arm,
Solace Limited. Alex is also a member of the advisory board of the Cisco
Networking Academy Program.
Global Technology is the leading supplier of software solutions to the banking,
insurance and financial services sectors in Africa and Australia.
ends
Written and distributed by: Arcay Financial Communications
On behalf of : Global Technology Limited
Further information : Belinda Leftwich
Tel : 27 11 480 8554
Fax : 27 11 480 8603
Cell : 083 303 9771
e-mail : leftb@arcay.co.za
For immediate comment
Ray Leonard
Global Technology CEO : 083 676 6324
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