Diversified electronics, electrical and technology group Reunert has hiked its interim gross cash dividend by 7,6% to R1,13/share after reporting a year-on-year improvement in its results for the six months ended 31 March 2016. The group, which owns
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Reunert, the holding company of Nashua, ECN, PanSolutions and other brands, intends using the billions of rand on its balance sheet – including the proceeds of the sale of Nashua Mobile
Reunert has weathered excess capacity and produced commendable bottom-line growth, while still holding onto the cash from the disposal of Nashua Mobile’s subscriber bases, which is earning
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
Reunert has delivered a robust earnings performance for the year ended 30 September 2015, despite a weak macroeconomic environment. Headline earnings per share (EPS) climbed by 16%, well ahead of revenue growth of 7%, it said on Monday. Headline EPS from continuing operations
Independent cellular service provider Altech Autopage is likely to be closed down as soon as February next year, with its million or so subscribers sold to the network operators for about R1,5bn
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and
Vodacom, MTN and Cell C will pay Altron a combined amount of about R1,5bn to take over the subscriber base of Altech Autopage Cellular. Interestingly, Altron is receiving less than Reunert did when it concluded a similar deal with the operators to sell the subscribers
French telecommunications giant Orange will open its first physical store this Friday, in Claremont in Cape Town. The decision is based on the strong reception of the company’s online store, it said in a
Altron-owned cellular service provider Altech Autopage has moved to allay customer concerns about plans to sell the business’s subscriber base to South Africa’s mobile operators. In a statement on Thursday, Autopage MD Boyd Chislett said the company’s