mara phones

  1. Jan

    Mara management buyout team has investor to rescue South African smartphone factory

    Plan to rescue South Africa's first smartphone factory The Mara Phones management buyout team has claimed it has secured an investor that can help save the company's South African factory and the jobs of its employees. Two of the factory's main funders — Standard Bank and the Industrial...
    • Jan
    • Thread
    • industrial development corporation mara phones standard bank sylvester taku
    • Replies: 16
    • Forum: Broadband and IT News
  3. Jan

    Mara Phones factory worker says they were working under poor conditions

    Lunch breaks in toilets and no bras allowed — working at the Mara Phones factory A former Mara Phones employee has painted a bleak picture of the working conditions they were subjected to at its now-defunct Durban factory. The facility is set to be sold by its main lenders, the Industrial...
    • Jan
    • Thread
    • ashish thakkar cyril ramaphosa hetal shah industrial data corporation (idc) mara phones social relief of distress (srd) standard bank unemployment insurance fund (uif)
    • Replies: 72
    • Forum: Broadband and IT News
  4. Jan

    Mara management approach lenders with buyout and turnaround plan for smartphone assembly plant

    Plan to save South Africa's first smartphone factory A buyout team comprising of Mara Phones South Africa management has made a proposal to the company’s lenders to turn the company around rather than auctioning it off for parts. This is according to a statement issued on Monday by Mara Phones...
    • Jan
    • Thread
    • ashish thakkar chris corsi industrial development corporation mara phones standard bank sylvester taku
    • Replies: 25
    • Forum: Broadband and IT News
  5. Jan

    South Africa's first smartphone factory being auctioned off by creditors

    R1.5 billion down the drain — South Africa's first smartphone factory goes on auction Just over two years after its launch, South Africa's first smartphone factory is going on auction. The Mara smartphone assembly plant near Durban was opened by President Cyril Ramaphosa in October 2019 and...
    • Jan
    • Thread
    • cyril ramaphosa industrial development corporation mara phones standard bank
    • Replies: 56
    • Forum: Broadband and IT News
  6. J

    Big plans for South Africa's Mara Phones

    Big plans for South Africa's Mara Phones The first smartphone manufacturing facility in South Africa was recently opened in Durban, KwaZulu-Natal by Mara Phones. Mara Phones builds South African smartphones which run Google's Android operating system and are designed to compete with...
  7. J

    The first smartphones made in South Africa - All the details

    The first smartphones made in South Africa - All the details Mara Phones has officially opened the first smartphone manufacturing facility in South Africa, located in Durban, KwaZulu-Natal. The manufacturing plant is the result of a R1.5-billion investment by Mara Phones that was supported by...
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