TECH CONVERSATIONS
TooMuchWifi has been announced as the latest investment in the impact investing
portfolio of the Mineworkers Investment Company (MIC). MIC has invested an undisclosed
amount to acquire a 24.85% stake in internet service provider, TooMuchWifi .This comes
after MIC wrapped up what it described as a “successful investment campaign” targeting
emerging, high-growth potential businesses in SA.
The TooMuchWifi investment is expected to play a major role in enabling the Cape Town-
based business to achieve its ambitions of providing economic internet solutions to all
South Africans…according to their statement.
Joining me
Thato Ntseari
The Impact Investment Manager at MIC