Datatec flags slowdown in push to grow value
23 May 2023 - 13:00
UPDATED 23 May 2023 - 18:30
ICT group Datatec has signalled a slowdown in its plan to unlock value from its portfolio, as a result of rising borrowing costs and a depressed financial market that have forced many business to cut costs and investors to hold off on deals.
The group says it will instead focus on improving the quality and profitability of its operations. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.