The technology distribution business in South Africa has become “massively overtraded” and competitors are in a “race to the bottom” if they can’t diversify by entering complementary business areas. That’s the view of Miles Crisp, CEO of
Browsing: Glenn Fullerton
The head of one of South Africa’s biggest technology distributors has been forced to step down following a cycling accident. MB Technologies said on Monday that its CEO, Glenn Fullerton, has resigned. Fullerton was involved in a serious cycling accident earlier this year
MB Technologies co-founder Leo Baxter has sold his 45% stake in the IT distribution business to Investec Bank for an undisclosed sum. The company says Baxter has decided to focus all his efforts on his medical recovery following a polo accident in 2007 which left him paralysed. The treatment has produced encouraging results and Baxter has regained some movement.
MB Technologies, SA’s largest technology distributor, is opening 10 distribution centres at key locations around the country specifically to serve…