Sector: Technology
The company is not available at Interactive Brokers
Mustek Limited (JSE:MST) is an end-to-end provider of ICT solutions – from system design to supplying the hardware, implementing the solution and operating it if required.
The Group comprises the wholly owned operations of Mustek and Rectron, a controlling shareholding in Palladium, noteworthy shareholdings in Sizwe Africa IT Group and Khauleza IT Solutions, and a substantial shareholding in Yangtze Optics Africa Cable (YOAC).
Headquartered in Midrand, South Africa, Mustek anticipates ICT trends and adds value to imported components and finished products through planning, bulk purchasing, consolidating shipments, assembly, warehousing and after sales service and support. The Group utilises a proven distributed sales network to distribute and maintain a wide range of ICT products across South Africa and several other African countries. These are procured through agreements with many of the world’s leading brands and from Mustek’s in-house Mecer brand. Mustek continues to differentiate itself as a value-added solutions provider in addition to distribution.
Mustek, from its corporate headquarters in Midrand, South Africa, oversees the activities of its business units operating in its chosen markets in Africa and South Africa.
Founded in 1987 by our current CEO, David Kan, Mustek Limited was listed on the JSE in 1997.
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Mike Lawrie, who was pivotal in bringing inter-university e-mail and the internet to South Africa, tells of a pioneering time.
2024-04-08 15:09 +02:00
Mike Lawrie, a pioneer of the early internet in South Africa, will be the guest on the next episode of TCS Legends.
2024-03-26 14:39 +02:00
David Kan, the late founder and former CEO of Mustek, is the focus of episode 3 of TechCentral’s TCS Legends.
2024-03-18 14:17 +02:00
JSE-listed technology distributor Mustek has reported a 58.8% slump in headline earnings per share.
2024-03-06 09:45 +02:00
Technology group Mustek has reported more than R10-billion in annual sales, an improvement of 13.7% over 2022’s numbers.
2023-09-19 08:43 +02:00
IT industry leaders in South Africa have expressed serious concern about the collapse in the value of the rand this week.
2023-05-12 16:26 +02:00
The Chinese energy solutions provider is seeking to service a market hungry for such solutions in the face of Eskom’s crippling power cuts.
2023-03-16 16:28 +02:00
Mustek has reported an 18% improvement in interim revenue, lifted by strong sales of alternative energy solutions.
2023-03-09 11:03 +02:00
Mustek has appointed Neels Coetzee as divisional MD of Mustek, replacing Hein Engelbrecht in the role.
2022-07-05 13:49 +02:00
The board of JSE-listed technology group Mustek has appointed Hein Engelbrecht as its new CEO with immediate effect.
2022-07-01 07:54 +02:00
Following the death last week of Mustek founder and CEO David Kan, the company has appointed long-serving MD Hein Engelbrecht as its interim CEO.
2022-05-24 13:02 +02:00
Mustek founder and CEO David Kan – a legendary figure in South Africa’s technology industry – passed away on Thursday. He was 62.
2022-05-19 19:18 +02:00
The entire computer component supply chain remains severely constrained and will likely stay that way throughout the rest of the year, Mustek has warned.
2022-02-07 15:10 +02:00
Mustek has reported a 248% leap in full-year headline earnings per share, hiked its dividend per share by 246% and said revenue climbed by more than a quarter to over R8-billion.
2021-09-09 11:47 +02:00
JSE-listed technology group Mustek has built on the blowout results it reported in the six months to 31 March 2021 and has said the full-year number will be even more impressive.
2021-09-02 09:46 +02:00
It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was.
2021-07-19 06:08 +02:00JSE:SHP JSE:NED JSE:PPH JSE:CLS JSE:INP JSE:WHL JSE:MRP JSE:SPP JSE:INL JSE:TBS JSE:IPF JSE:MSM JSE:CSB JSE:FBR JSE:MPT JSE:LEW JSE:MST
IT distributor and PC assembler Mustek said on Friday that the financial losses associated with the ransacking of and arson at its Durban office will not exceed R20-million.
2021-07-16 14:41 +02:00
The protests, unrest and massive looting in KwaZulu-Natal has destroyed and disrupted vital transport, logistics, warehouse and distribution facilities in the province.
2021-07-16 06:52 +02:00
Photos have emerged of the damage caused to IT distributor Mustek’s offices in Durban, which were torched by a gang of marauding criminals on Monday.
2021-07-14 11:28 +02:00
Business leaders in Durban are crying out for more decisive action to curb the widespread looting and anarchy in KwaZulu-Natal, including an immediate state of emergency.
2021-07-14 07:30 +02:00
Samsung Electronics, LG Electronics and Mustek have been heavily impacted by the ongoing lawlessness in KwaZulu-Natal, with Samsung’s distribution centre in Cato Ridge attacked by looters.
2021-07-13 16:25 +02:00
Technology group Mustek has reported a stellar, 166.7% jump in headline earnings per share in the six months ended 31 December 2020 on revenue that rose 23.7% to R3.7-billion.
2021-03-01 09:33 +02:00
Shares in Mustek leapt by more than 13% on Monday after it told shareholders that its headline earnings per share would more than double in the six months ended 31 December 2020.
2021-02-08 10:26 +02:00
Alviva Holdings said on Wednesday that it’s full-year headline earnings will fall by more than 50%, though it said its prospects have improved since a disappointing set of interim results earlier this year.
2020-09-09 08:18 +02:00
JSE-listed technology group Mustek reported a 9.4% increase in revenue in the year ended 30 June 2020, in spite of three months of the reporting period including the Covid-19 lockdown in South Africa.
2020-09-08 16:15 +02:00
Shares in JSE-listed technology company Mustek leapt higher on Wednesday after it told shareholders it expects full-year headline earnings per share to be as much as 38% higher than a year ago.
2019-08-28 07:20 +02:00
