Mustek appoints acting 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.
Mustek CEO David Kan passes away
Mustek has announced that its CEO and founder of its South African business David Kan has passed away.
"It is with profound sadness that Mustek announces that David Kan, our much loved and respected CEO, has passed away," Mustek said in a statement.
"We extend...
South African tech shares — one company up 1,100% in ten years
South African tech stocks have experienced a lot of volatility over the last decade, with the best-performing share, Alaris, gaining 1,100% and the worst-performing share, Ellies, losing 90.2%.
The global tech stock rally over the...
South African tech manufacturers hammered by Covid-19 and July riots
Several tech manufacturers in South Africa were hit hard by the Covid-19 pandemic and subsequent lockdowns, with critical elements such as shipping taking almost twice as long as it did pre-pandemic.
And if that wasn't...
Alviva and Mustek — Two great South African IT companies to release earnings
Alviva and Mustek are expected to release earnings in coming days. Both technology companies will be reporting results for the six months ended 31 December 2021.
Alviva has a market cap of around R2.2 billion and...
How much money you would have if you invested R1,000 in these tech companies at the start of 2021
2021 was a turbulent year for the global tech industry, with several companies seeing significant growth in their share values while others saw substantial declines.
Nvidia's share price rose by...
Bruising start to 2022 for South African tech stocks
Many South African tech shares started the year in the red, following the trend set by mega-cap tech stocks in the United States.
The share prices of large technology companies like Netflix, Tesla, and Amazon were hard hit last month.
South African tech stock bloodbath over last 5 years
The majority of South African IT and telecommunications companies listed on the Johannesburg stock exchange (JSE) saw a decline in their share price over the last five years.
An analysis of 21 of the largest JSE listed tech companies...
Truth about Mustek’s fight with striking workers
The Communication Workers Union (CWU) says it launched strike action against Mustek on 16 September 2021, describing the company as “ruthless and racist”.
This is after a year-long dispute over salaries and other matters came to a head, the...
Big Mustek earnings jump
Mustek has informed shareholders that its headline earnings per share is expected to be between 235% and 255% higher than the previous financial year.
Earnings per share will be between R4.25 and R4.51 (2020: R1.27).
Millions in damage after Mustek building burned to the ground
Mustek has informed shareholders that the losses suffered as a result of its building in KwaZulu-Natal being looted and set on fire are not expected to exceed R20 million.
"The loss of profit due to business interruption will be...
"Police weren't gone 10 minutes — the looters came back and stole everything"
Mustek's offices in the North of Durban were ransacked on Monday, with looters stealing everything of value and leaving a trail of destruction in their wake.
Videos and photos which MyBroadband has seen, but was...
Hikvision's sleek Wind Series Portable SSD
The Hikvision Wind Series Portable SSD is a sleek storage drive offering fast speeds for multimedia users, gamers, and professionals.
Its small and lightweight design makes it easy to slip into your laptop bag, briefcase, handbag, or backpack, and...
Donna Mostert discusses Mustek and Huawei’s enterprise partnership
Donna Mostert is the Huawei business manager at Mustek and one of South Africa’s most experienced distribution executives.
Mostert started her career at Dimension Data as an account manager and later served in senior roles at...
2021 MyBroadband Online Conference
The 2021 MyBroadband Conference will take place on Wednesday 14 April and has attracted excellent speakers and conference partners.
The annual MyBroadband Conference, now in its 16th year, is the largest IT and telecoms conference in South Africa.
This year...
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Inside Mustek's amazing PC assembly line - Photos
Mustek is one of the largest assemblers and distributors of personal computers and ICT products in South Africa.
The company owns well-known local businesses Mecer and Rectron, commanding a significant share of the local market.