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    Africa Cellular Towers founder steps down

    AltX-listed telecoms equipment manufacturer Africa Cellular Towers on Thursday (27 January 2011) announced changes to its board of directors, including Chris Kruger, founder and previous executive chairman, who has stepped down as executive chairman of the company.

    Kruger however, would remain as a non-executive director, "where his knowledge and experience will still be available to the group", ACT said.

    Mitesh Patel, former chairman and member of the audit committee and risk committee, resigned as chairman of both committees and member of the audit committee, but will remain a member of the risk committee.

    "Mitesh has accepted the appointment as the independent non-executive chairman of the company," the group said.

    "We are pleased to announce the appointment of Mr Seth Radebe as an independent non-executive director of the company and member and chairman of the audit committee and risk committee.

    "Seth is a qualified chartered accountant and brings with him a wealth of experience where he is the managing director of Rebahale Incorporated, nonexecutive director of Yebo Yeth (an empowerment vehicle for Vodacom SA), member of City of Johannesburg Metro Group Audit Committee, non-executive chairman of Arthur Els Actuarial Consulting and former non-executive director and chairperson of SAFCOL Audit Committee.

    "The company wants to express its appreciation to Chris Kruger for his leadership over the past 11 years," said Africa Cellular Towers.

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
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