Browsing: Datacentrix

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Gary Morolo leaves Datacentrix

Long-serving Datacentrix director Gary Morolo is stepping down as chairman and board member of the JSE-listed technology services company “with immediate effect”. Morolo, who joined Datacentrix 15 years ago and who served as its CEO, is leaving following news at the end of last month that the

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Hostile bid for Datacentrix gets nod

The Competition Tribunal has approved what it’s described as a hostile bid by JSE-listed technology group Pinnacle to acquire a controlling interest in another listed technology company, Datacentrix, subject to conditions recommended by the Competition Commission. Pinnacle has

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Datacentrix feels margin pinch

JSE-listed technology solutions company Datacentrix has lifted revenue by 9% to R1,9bn in its financial year ended February 2013, but sharp downward pressure on margins led to a 16% decline in headline earnings per share. “The past few years, though profitable, have been