The Deloitte Africa Executive Committee (Exco), following extensive deliberations, recently approved the disposal of, among others, the SAGE implementation and support business in South Africa. This was part of a process to dispose of non-core business of Deloitte.
The SAGE implementation and support business in Deloitte Africa was founded during 2010 in South Africa and was servicing both local and global clients. This business has also been providing related information technology services to clients, that varied from the provision of CIO services, customized development services, etc.
A newly formed entity was established by three Deloitte Directors to acquire this business from Deloitte as a going concern, effective 1 August 2018.