sylvester taku

  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...
  2. 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...
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