Browsing: Mustek

Foreign exchange losses are set to depress Mustek’s earnings in the six months to 31 December 2012, despite a more than 20% increase in sales in the period compared to a year ago. The JSE-listed technology distributor expects headline earnings per share to be between 55% and 65% lower than headline earnings of 36,2cc/share a year

The department of education has begun appointing its first accredited suppliers as part of its teacher laptop initiative to get computers into the hands of all of the country’s teachers. On Thursday, JSE-listed computer company Mustek said it had been given the nod

This week’s sharp fall in the value of the rand against major currencies is bad news for gadget-loving South Africans and the technology companies that import hi-tech gear and computer equipment. The currency’s fall may also reduce the

A new tax on imported monitors has the computer industry increasingly incensed and they want action from authorities to remedy the situation, which they say is harming the technology sector. In April, a 7% ad valorem tax, which

Mustek has pulled the plug on a plan to delist from the JSE. A consortium led by CEO David Kan and the Trinitas Private Equity Fund had wanted to execute a management buy-out of the technology company and take it private. Kan says during the preparations

JSE-listed technology distributor has unveiled a Windows 7-based tablet computer, the Mecer Xpress, on the same evening Apple announced the iPad 2. But Mustek says the Mecer Xpress is aimed at a

The Competition Commission will not refer any part of Mustek’s complaint about alleged anticompetitive behaviour by rival Hewlett-Packard to the Competition Tribunal. Mustek had accused HP of

Government is reintroducing a 7% ad valorem tax on imported computer monitors, scrapped in 2004, because many people, it says, are using them as television sets. TV sets and monitors

PC assembly and technology distribution company Mustek has surprised markets with its decision, announced on Wednesday, to delist from the JSE after 13 years on the local bourse. However, CEO David Kan tells TechCentral