Kazang, the micro-payment processing service has acquired 49% of Sandulela Technology, a wholesaler of prepaid electricity to third parties.
Sandulela will remain under the leadership of CEO Nkululeko (Nk) Mvulana who founded the company ten years ago, and will retain its Level 2 BEE rating. The two companies will co-locate at Kazang’s Cape Town headquarters and share resources.
Sandulela’s municipal clients include Eskom, City Power, Erongored and eThekwini Municipality. The company provides the ability for the municipalities […]