Amy Fraser20 May 2024 | 13:24

Local technology venture Suppple soars on Luxembourg Stock Exchange

This move is poised to bolster the company's capacity for expansion into fresh markets and sectors.

Local technology venture Suppple soars on Luxembourg Stock Exchange

Picture: Pexels

Clarence Ford interviews Eldrid Jordaan, Chief Executive Officer at Suppple PLC.

Listen below.

South African innovators Eldrid Jordaan and Goitse Konopi have achieved a significant milestone by successfully debuting their latest tech endeavour, Suppple, on the Luxembourg Stock Exchange.

With a market capitalisation reaching approximately R4.6 billion and shares valued at £2 each, this strategic maneuver aims to fortify Suppple's financial foundation while heightening its appeal to investors.

This move is poised to bolster the company's capacity for expansion into fresh markets and sectors.

Suppple's success has long been rooted in its robust network of public-private partnerships, collaborating with governmental bodies, academic institutions, private enterprises, and commercial entities to pioneer software solutions that meet both market demands and societal needs.

Hailing from the Cape Flats, Jordaan emphasises that the name 'Suppple' is a tribute to the resilience both within the company and in his personal journey.

Having witnessed their own triumphs in bridging South Africans and government, particularly amid the challenges of the pandemic, he underscores their commitment to replicating this success in other nations.

"If we want to create a capable state, one of the ways that we can do that is through public/private partnerships."
- Eldrid Jordaan, Chief Executive Officer – Suppple PLC
"Our journey at Suppple has been a resilient one of note."
- Eldrid Jordaan, Chief Executive Officer – Suppple PLC

Scroll up to the audio player to listen to the interview.