RPC Data Seals Rare IT Empowerment Deal

No Image

In a rare move for the information technology industry, citizen investors have assumed control of RPC Data, a local company that specialises in software development, systems analyses, systems implementation and systems integration.

Last year, a consortium of the company's non-citizen and major shareholders collaborated to sell 26 percent of the company's shares to citizen investors in a move to promote citizen empowerment.

After restructuring the board in last May, the company invited a group of business-men and women "along gendered lines" to purchase 26 percent of the company's shares. 

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up