{"id":182505,"date":"2017-06-29T07:39:29","date_gmt":"2017-06-29T05:39:29","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=182505"},"modified":"2017-06-29T07:39:29","modified_gmt":"2017-06-29T05:39:29","slug":"mic-investment-holdings-to-acquire-metrofile","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/it-services\/182505\/mic-investment-holdings-to-acquire-metrofile\/","title":{"rendered":"MIC Investment Holdings to acquire Metrofile"},"content":{"rendered":"<p>The Tribunal has approved the merger of MIC Investment Holdings and\u00a0 information management company, Metrofile.<\/p>\n<p>MIC is an investment company and is a wholly owned subsidiary of the Mineworkers Investment Company; and Metrofile handles physical and digital information and record management.<\/p>\n<p>The Tribunal has approved the merger without conditions.<\/p>\n<p>The Mineworkers Investment Company, which owns MIC, is controlled by the Mineworkers Investment Trust (MIT) and is referred to as the MIC Group.<\/p>\n<p>The MIC Group invests in cash generative assets that allow it to pay a dividend to MIT to fund social upliftment programs for members of the National Union of Mineworkers.<\/p>\n<p>The Metrofile Group provides services and products which include records archiving, storage, retrieval and destruction; conversion of paper and analogue records to digital formats; and storage of backup media.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/it-services\/182293\/counting-the-cost-of-data-breaches-in-south-africa\/\" target=\"_blank\" rel=\"noopener\">Counting the cost of data breaches in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tribunal has approved the merger of MIC Investment Holdings and  information management company, Metrofile.<\/p>\n","protected":false},"author":10,"featured_media":6222,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[31],"tags":[25],"class_list":["post-182505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-it-services","tag-active"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/182505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=182505"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/182505\/revisions"}],"predecessor-version":[{"id":182507,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/182505\/revisions\/182507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/6222"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=182505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=182505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=182505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}