Technology News South Africa

Partnership secured to create B-BBEE Level 2 company

4Sight Holdings, the JSE-listed technology company, has formed a strategic partnership with Unplugg Group. The new alliance, 4Sight Unplugg, will be 51%-owned by Unplugg and 49% by 4Sight.
Antony Hlungwane, CEO of Unplugg and Tertius Zitzke, CEO of 4Sight
Antony Hlungwane, CEO of Unplugg and Tertius Zitzke, CEO of 4Sight

Unplugg was founded in 2006 and currently has two subsidiaries, Unplugg Software Solutions (the founding division) and Unplugg Consulting Solutions.

“We are delighted to have finally found black partners that have the same passion for using technology innovatively to solve clients’ problems—the culture fit between the two companies is remarkable,” says Tertius Zitzke, CEO of 4Sight. “The Unplugg team is a set of truly impressive individuals with a solid base of experience and skills that complement our own. We are very excited about the potential of 4Sight Unplugg and are delighted to have people of this calibre on board.”

4Sight Unplugg’s board will be led by Antony Hlungwane, the CEO of Unplugg. Other board members are Kagiso Seshoka, who heads up strategy and marketing at Unplugg, and Themba Gumbi, head of client engagement/sales at Unplugg. 4Sight’s nominees are its CEO, Tertius Zitzke and director of business Development, Christiaan Leboho.

“The strategic alliance’s collective experience and intellectual capital will strengthen our position in the market and enable clients to benefit from transformative solutions that deliver value and outcomes that matter. Furthermore, the partnership will extend our collective industry reach” says Antony Hlungwane, CEO of Unplugg.

The vehicle for the new strategic partnership was registered in January and has already begun working for clients and has a strong pipeline

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