Reunert reports R844 million profit
Reunert has released its preliminary annual results, reporting increases in revenue and operating profit of 16% and 17%. It also saw a 10% overall increase in profit.
Among Reunert's interests are fibre and electric cable maker CBI, information and...
Reunert purchase of electronics manufacturer meets no resistance
Reunert’s acquisition of Etion Create has received unconditional Competition Commission approval.
“The Commission has recommended that the Competition Tribunal approve the proposed transaction,” the regulator said in a statement...
Reunert reports R331 million six-month profit
Reunert has reported a 7% growth in profit after tax to R331 million for the six months ended 31 March 2022.
It also reported an 11% growth in group revenue to R5.1 billion and a 4% growth in operating profit.
Who will buy Vox Telecom?
Vox Telecom expects an acquisition deal to be concluded by the end of the year – here are some of the prominent companies which may buy Vox
Telecoms consolidation fever in South Africa?
Industry players speculate that Telkom is planning to buy Cell C, Vodacom and MTN are looking to buy Neotel, and Internet Solutions looking to become a big telco
John Holdsworth determined to cut mobile costs
John Holdsworth remains committed to bringing low cost mobile communications to consumers despite legal threats
Reunert acquires ECN Telecommunications
Reunert today announced that it has acquired the business of ECN Telecommunications (ECN) for an undisclosed purchase price.