BCX partners with WeThinkCode in R60 million deal

post-title

Telkom subsidiary BCX has launched a R60-million partnership with local incubator, WeThinkCode, a tuition-free programme designed to educate new software engineers. The deal will see the South African incubator expand its Johannesburg-based operations and also launch in Cape Town.

Ian Russell (pictured), CEO of BCX, has said that the company is committed to preparing African businesses to compete in the new digital economy. Russell was quoted by Disrupt Africa as saying:

"We advise our customers that if they don't invest in digitalisation, they should be prepared to be left behind. We're practicing what we preach with this agreement with WeThinkCode. We're gaining first access to the next generation of digital talent in South Africa - the folks that will be behind the next big thing."

BCX will provide R60 million over three years for WeThinkCode to invest in the next generation of talent in the ICT sector. In so doing, WeThinkCode will more than double the number of entry-level coders in the South African market by the end of 2018. As part of the agreement, BCX and other Telkom Group companies will host 40 interns from WeThinkCode's innovative educational programme every year for the next three years.

Related articles

Modernising the office of finance: A practical guide to accelerating AI-driven transformation

OneStream is the only enterprise finance platform that seamlessly unifies all financial and operational data, embeds AI to boost productivity, and adapts to fit your unique needs. Microsoft Partner of the Year and five-time leader in the Gartner Magic Quadrant, we know that finance teams need AI powered by verified data and trusted sources, ensuring full transparency and security.

Mr Price’s Praneel Nundkumar explains the rise of the commercial CFO

Praneel Nundkumar, group CFO for Mr Price, is a results-oriented finance leader who champions a ‘commercial CFO’ approach. He believes that finance leaders must transcend traditional roles and actively partner with CEOs to drive strategic business outcomes.

Top