Sagarmatha In The News
Sagarmatha Technologies in the Media
Independent Media sets the record straight on JSE listing
Independent Media is one of the most influential media companies on the African continent, with a stable of well-known credible brands supported by thousands of South Africans and commercial partners.
Stifling Sagamartha a travesty for transformation in SA’s media industry
The blocking of Sagamartha Technologies from listing on the JSE as a result of nefarious reporting tactics by the usual suspects of anti-transformation in the South African media landscape is indicative of how white-owned entities operating in this space are still committed to maintaining the status quo where black operators are continuously side-lined.
Stifling Sagarmatha Technologies a Travesty for transformation in SA's media industry
The blocking of Sagarmatha Technologies from listing on the JSE as a result of nefarious reporting tactics by the usual suspects of anti-transformation in the South African media landscape is indicative of how white owned entities operating in this space are still committed to maintaining the status quo where black operators are continuously side lined.
Sagarmatha exceeded R3bn target
Sagarmatha Technologies, which was scheduled to list on the JSE, is still of the opinion that it is important for Africa to have its own multi-sided-platform company so that Africans are able to take control of their own technology and data and eCommerce destiny.
Tiso Blackstar debt rescue plan bombs
Has Andrew Bonamour, CEO of Tiso Blackstar (Sunday Times, Business Day, Financial Mail, The Sowetan, and BDLive), been trying to use Independent Media’s transparency in a prelisting statement as a smokescreen, to deflect his Group’s significant debt and working capital woes?
Sactwu calls Sagarmatha listing a game changer for workers
The South African Clothing and Textile Workers Union (Sactwu) on Monday, came out in strong support of Sagarmatha Technologies (ST), saying its investment in the media and e-commerce venture would benefit workers greatly as SA fashion would be showcased locally and beyond the country's borders.
Clearing up some myths of Sagarmatha Technologies
Africa's first multi-sided platform company, Sagarmatha Technologies, is set to announce its private placement subscriptions on Wednesday, two days before it’s planned JSE listing on Friday.
JSE, Sagarmatha first to tame African Unicorn
We salute the JSE and Sagarmatha Technologies for being the first to tame an "African Unicorn"
Independent Media response to amaBhungane/Daily Maverick
South Africa, we have a problem. There is a move afoot in the country that is potentially far more dangerous than the Gupta’s attempted takeover of the country, and that is media manipulation and unethical reporting designed to prevent broader economic participation.
OPINION: Stop thinking in a silo, embrace technology
Some ‘interesting’ comments have been levelled at Sagarmatha Technologies, post our announcement that we plan to list the company on the Johannesburg Stock Exchange.
Sagarmatha Technologies pushes back date of JSE listing
South Africa’s Sagarmatha Technologies Ltd pushed back the announcement of its private placement results.
Using platforms to build wealth over time
Naspers last month completed its accelerated offering of Tencent shares, reducing its stake in Tencent by 2percent from 33.2percent to 31.2percent and the sale yielded $9.8billion (R116.25bn).
Why you should be paying attention to Sagarmatha
Sagamartha Technologies, an integrated multisided platform (MSP) technology group, is set to list on the Johannesburg Stock Exchange next week Wednesday.
Valuing multi-sided platform companies
The top five listed companies in the world –have a combined market cap of more than $3 trillion (R36trln) – are all multi-sided-platforms (MSPs). Apple, Alphabet (Google’s parent company), Microsoft, Amazon, and Tencent are leading the way in how businesses are evolving.
Sagarmatha sets its sights on R50bn JSE listing
Businessman and media mogul, Dr. Iqbal Survé is set to list Sagarmatha, an integrated multisided platform (MSP) technology group, on the Johannesburg Stock Exchange next week Wednesday.
Jim Rogers punts SA as a bankable investment destination
Singapore-based veteran investor, Jim Rogers, said on Tuesday that South Africa was highly bankable investment destination for Africans and for international investors alike, adding that the country's recent ascendancy to the chairmanship of BRICS also puts it in the highly enviable position as a leader of the developing world.
Sagarmatha eyes $4bn valuation in South Africa's first e-commerce IPO
Sagarmatha Technologies, a South African company that owns newspapers, online shopping and classified platforms, is targeting a valuation of more than $4-billion in Johannesburg's first initial public offering of an e-commerce company.
A unicorn that’s about changing the future of Africa
Tiso Blackstar published an article in Business Day yesterday on the front page that can - charitably - be described as disingenuous, or purposely deceiving.
Sagarmatha eyes almost R50bn market cap for new media listing
A company that will include many of the media assets in businessman and press baron Iqbal Survé’s empire expects to list on the Johannesburg Stock Exchange next week Wednesday.
OPINION: Bears, Bulls and a Black Panther ravenous for technology
I am not an expert at actually creating technology, but I know it’s great and has the power to re-shape Africa, providing countless opportunities for new businesses and profits,” ...
Jim Rogers leads global investments in Sagarmatha
James Beeland Rogers Jr, known globally as Jim Rogers, an American billionaire businessman, investor, traveller, financial commentator, author and co-founder of the Quantum Fund and creator of the Rogers International Commodities Index (RICI), has announced his investment in Sagarmatha Technologies.
Sagarmatha Tech goes big in CT
Cape Town will be the seat of Africa’s first 4th Industrial Revolution Innovation Centre, thanks to the vision of Sagarmatha Technologies.
Sagarmatha broadens group's leadership
Sagarmatha Technologies has appointed Grant Fredericks and Gary Hadfield as co-chief executives of the integrated technology platform company to drive the company’s growth in the rest of Africa.
Sagarmatha to invest R100m to train 5000 computer programmers
Sagarmatha Technologies intends to invest R100m to help grow the programming skills base for Africa’s rapidly expanding digital economy.
Tech firm launches $1m artificial intelligence challenge
Sagarmatha Technologies will provide $1 million in funding to an African start-up as part of its artificial intelligence (AI) challenge.
Sagarmatha … sparking African unicorns
The Fourth Industrial Revolution was shifting value massively towards tech companies, said Paul LaMontagne, the chairman of Sagarmatha Technologies.
ANA pulls off R1 billion in finance
African News Agency (ANA), the continent’s first multimedia content syndication platform, yesterday announced that Sagarmatha Technologies agreed to an investment of R1 billion in the business of ANA.
ANA - African News Agency
Sagarmatha Introduces us to Silicon Africa
Sagarmatha Technologies, under the leadership of investor guru Paul Lamontagne, is the first company to present a sharp vision of world-class technology platforms for Africans.
Lamontagne has recently been appointed as the chairman of Sagarmatha Technologies, an integrated multinational technology platform group, with ambitions to open offices on the continent in three other regions over the next twelve to twenty months....
Business consortium to invest $1bn in Africa
A consortium of international business leaders is investing $1 billion in the South African and larger African economies, the lead investor ambassador Harold Doley jr announced on Thursday.
Africa’s greatest resource is its people, says US businessman
Ambassador Harold E Doley jr was 26 when he bought a seat on the New York Stock Exchange, becoming the first African-American individual to do so.
Africa’s gigantic growth prospects to benefit entrepreneurs, investors
When Paul Lamontagne and his wife Mary Rolph-Lamontagne moved to South Africa in 2005, it was for a two-year-posting. More than a decade later they are still here.