The acquisition entrenches the company's long-term growth strategy and accelerates international expansion.
The acquisition is aimed at expanding iqbusiness’s ERP and PSA capabilities.
The company completes its restructuring exercise and appoints Rob Godlonton as new CEO, replacing Adam Craker.
After 12 years at the helm, Alan Dickson will be replaced by Anthonie de Beer as group CEO, with effect from 1 March next year.
As Reunert experiences challenges in its US operations due to the new ‘reciprocal tariffs’, it engages with customers in the US to figure out how to navigate tariff pains.
The residential and small commercial battery storage market remained constrained in the absence of load-shedding, the company explains.
The diversified group sees demand for products like radars and military radios, due to the war in Ukraine and tensions in the Middle East and Asia.
The company delivers an improvement in financial performance in a “challenging macro-economic environment”.
The merger comes under a united, refreshed iqbusiness brand and the introduction of a new tech design, says the group.
SA telcos fail to deliver customer satisfaction on social media
In this week's tech news roundup, South Africa’s telecommunications industry continued to experience significant challenges in resolving customer complaints posted across social media platforms in 2023, lagging behind other industries, such as banking, insurance and retail. This is according to the latest South African Telecommunications Sentiment Index, conducted by PwC South Africa, in collaboration with data-as-a-service firm DataEQ. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #telcos #networking News Links: https://www.itweb.co.za/article/itweb-tv-how-standard-bank-beat-payday-glitches-with-r25bn-it-spend/KPNG8v8Ng8XM4mwD https://www.itweb.co.za/article/blocking-of-bolt-drivers-is-persecution-say-operators/o1Jr5MxPb23MKdWL https://www.itweb.co.za/article/reunerts-skywire-deploys-400-hi-site-towers-for-last-mile-con
The fixed wireless access network provider aims to increase its tower footprint across SA, while introducing 5G-like and fibre-equivalent offerings.
Group CEO Alan Dickson describes how the chaos at South African ports during the first half of the year affected the business.
The firm’s revenue was impacted by port and logistics disruptions that “developed rapidly and persisted throughout the reporting period”.