Novus increases Mustek share offer to TRP-ordered amount
Novus Holdings has entered into a settlement agreement with Mustek regarding its proposed acquisition of the company, increasing its offer price to Mustek shareholders to R15.41 per share.
In an announcement on Tuesday, 26 May 2026...
Mecer's AI products will prioritise processing power over GPUs and NPUs
Mustek's in-house brand Mecer is designing and positioning its desktops and notebooks as complete artificial intelligence (AI) systems.
According to Mustek brand executive Michael Kan, the South African ICT distributor...
Tech price terror awaits South Africans
South African ICT distributor Mustek has warned local consumers that the global memory shortage could result in steep increases in a wide range of tech products persisting into 2027.
The prices of DDR and NAND flash memory have surged due to demand for...
Big twist in Mustek takeover deal
The Takeover Regulation Panel (TRP) has ordered Novus Holdings to withdraw and resubmit its offer to acquire Mustek, one of the oldest computer hardware distributors in South Africa.
This comes after the TRP unconditionally approved Novus' firm intention...
Hi All,
I had a issue with my GT2 pro watch where the heart rate and foot steps were not showing. I gave the watch to service in mustek on 3rd Jan. My watch is in under warranty till jan 12th.
Feb 16 they returned my watch saying there is nothing wrong in the watch. I check at the center...
Mustek profit slumps despite increased revenue
Mustek has released its half-year results showing a 17.9% year-on-year increase in revenue from R4.2 billion to R4.9 billion.
However, operating profits, profit before tax, and profit after tax all declined. After-tax profit was down 15% from R152...
Best inverters for beating load-shedding
South Africans looking for a capable home backup power system should take great care when choosing an inverter.
While batteries and solar panels tend to be more flexible in terms of upgrades down the line, inverters can run into big compatibility...
South Africa's best computing hardware wholesalers
South African computing hardware retailers have various prominent wholesalers in the country from which to choose, including Esquire, Mustek, Frontosa, Pinnacle, and Tarsus Distribution.
The choice of wholesalers is a critical decision that...
Most affordable backup power systems for surviving Stage 6 load-shedding
Under stage 6 load-shedding, Eskom cuts power for up to four-and-a-half hours at a time, meaning the backup power systems used for lower stages will no longer cut it.
While many South African households are leaning...
Mustek vs Alviva — Battle of South Africa's biggest ICT distributors
When it comes to the distribution of ICT equipment in South Africa, two companies stand out from the rest — Alviva Holdings and Mustek.
Although other significant players exist in the market, such as Esquire and Frontosa...
Biggest PC wholesalers in South Africa
South Africans have six major computer wholesalers to thank for the wide selection of PC hardware and other tech readily available to buy from retailers.
Tech stores rely on a consistent flow of stock that they cannot keep on-premises to keep their...
South African tech companies going green while fighting load-shedding
Many of South Africa's major technology and telecom companies have plans to make their operations more environmentally friendly while increasing their resilience against load-shedding.
While the corporate world is no...
Mustek's inverter trollies flying off shelves in South Africa
South Africa's worst year of load-shedding has seen many more people buy backup power systems to keep some of their appliances and gadgets online during the rotational power cuts.
The power trolley is one of the more cost-effective...
This SA tech share climbed 180% in 2 years
Mustek’s share price increased from R5.73 in July 2020 to R16.39 two years later, which made it one of the best-performing shares on the JSE during the lockdown.
Mustek’s excellent financial performance over the last 24 months underpinned the rising...
Hein Engelbrecht appointed as Mustek CEO
Mustek has appointed Hein Engelbrecht as acting group chief executive officer following the death of David Kan.
The company announced on Thursday that Kan had passed away.
Backup power systems to get through Stage 6 load-shedding
South Africa has been plunged into stage 6 load-shedding from 16:00 on Tuesday, 28 June 2022, increasing the frequency and length of rotational power cuts.
Eskom chief operating officer Jan Oberholzer said they did not decide to...
The incredible life of David Kan
The South African ICT industry was recently shaken by the news of the passing of Mustek CEO David Kan.
The Taiwanese-born tech executive left a lasting impression on the country, particularly through Mustek's well-known computer brand Mecer, which has become a...
Desktops suffer while laptops get work-from-home boost in South Africa
Tech distributors in South Africa have noticed an increase in laptop sales and "work-from-home products" since the onset of the Covid-19 pandemic, according to Alviva Holdings.
It said it does not measure actual unit sales...
Bad news for computer and network hardware imports in South Africa
Delays in the supply chain of hardware products in South Africa are still evident and will last until at least 2023, according to the technology industry research and advisory firm BMIT.
The company told MyBroadband that there...
The biggest IT companies in South Africa
South Africa has several home-brewed information technology companies worth well over R1 billion.
After making enormous gains during the height of the Covid-19 pandemic, most major global tech shares have taken a beating in 2022.