Altron sells off Powertech Transformers

JSE-listed Allied Electronics has reached an agreement to dispose of its 80% interest in Powertech Transformers Proprietary Limited (Powertech Transformers) to a B-BBEE consortium comprising of Europe’s number one medium-sized manufacturer of transformers,...

Jasco acquires Reflex stake

Jasco has acquired a 51% share in Reflex Solutions, a specialist in IT managed services, hosted IT infrastructure, cloud services and fibre-to-the-X (FTTX) solutions. This move will bolster the Jasco Enterprise offering, enhancing its existing services and solutions...

Nedbank issues BEE affidavits, certificates

Nedbank is offering business registrations together with black economic empowerment (BEE) affidavits or certificates, endorsed by the Department of Trade and Industry (dti), in one seamless process for new businesses with an annual turnover of less than R10-million....

New financial director for BDS

Bytes Document Solutions (BDS) has announced the appointment of Vivek Venkatkumar as its new financial director. Venkatkumar succeeds Perry Hurri, who, after 44 years with Xerox and BDS, will be retiring. A chartered accountant, Venkatkumar has an established career...

DRS appoints two new directors

IT solutions and services provider, Dynamic Recovery Services (DRS), a Cognosec AB company. has appointed two new directors. Nastassja Poorter has joined the company as enterprise sales director, while Jonathan Cooke has joined as commercial sales director....

Telkom appoints CEO of Gyro Group

Lesiba Maloba has been appointed as the new CEO of Telkom’s property management business unit, Gyro Group. Gyro was established on 1 April 2017 to unlock value by commercialising the Telkom Group property portfolio, extract value from excess building capacity...