
South African businessman Jens Montanana gains $28 million from Datatec shares
The jump comes as investors continue to show strong interest in the company, reflecting growing optimism around Africa’s expanding digital landscape.
The jump comes as investors continue to show strong interest in the company, reflecting growing optimism around Africa’s expanding digital landscape.
This $28.1 million gain demonstrates the rising institutional interest in JSE-listed technology companies with a global presence.
The move cements his position among the company’s top shareholders and reflects confidence in its future.
This solidifies his standing as one of South Africa’s top investors.
Datatec founder Jens Montanana sees $6 million boost, tech company's performance drives investor confidence.
This growth comes despite a 5.45-percent dip in revenue, which fell to $2.61 billion due to ongoing market challenges and currency fluctuations.
South African tech tycoon, Jens Montanana’s growing stake underscores his influence as a top investor in South Africa’s tech sector.
Jens Montanana also acknowledged the challenges faced by Logicalis Latin America, specifically in Argentina and Brazil, which hampered its financial performance.
Montanana’s significant shareholding continues to position him as one of the wealthiest investors on the JSE.
Montanana’s substantial shareholding continues to cement his status as one of the wealthiest investors on the JSE.
Montanana’s significant shareholding continues to position him as one of the wealthiest investors on the Johannesburg Stock Exchange.
Datatec has made a significant stride in expanding its global presence by acquiring Rebura.
Dittrich also received a long-term incentive award of $4.1 million from Datatec as a result of his dedication to the tech group.
Montanana maintains his status as one of the wealthiest investors on the Johannesburg Stock Exchange.
Under the leadership of Montanana, the tech group recorded a comprehensive income of $70.62 million at the end of its 2023 fiscal year.