PSNext wins Kumba Portfolio Management tender

PSNext together with Lefatshe Technologies was awarded a major tender by Kumba Iron Ore for the supply and implementation of a Portfolio Managment solution.

Kumba Iron Ore is one of South Africa's major mining houses with R12.0 billion revenue and headline earnings of R3.4 billion.  In view of the strong growth in Kumba and the large number of projects that are being envisaged, a system was required to help automate the project portfolio prioritisation process.

After a rigorous evaluation process which eliminated twelve other competitive systems, PSNext emerged as the system that closely met all of Kumba's stringent requirements.

All members of the Kumba implementation team, Lefatshe as well as MPS are all excited with regards to the portfolio management solution that is currently being implemented.

We are looking forward to working together with Lefatshe Technologies and Kumba Iron Ore to make the implementation a huge success.