Ivan Dittrich is due to take up his new position as chief financial officer and group executive director of Vodacom in July.

Johannesburg Securities Exchange-listed IT multinational Datatec is keeping the corporate action simmering.

JSE-listed multinational IT group Datatec sold 26% of its SA distribution business, to the Mineworkers Investment Company for R28-million.

IT firm Datatec said strengthening recovery in the US and growth in emerging markets helped it to post a rise in first-half underlying earnings.

Datatec said on Thursday all its units returned to revenue growth during the second half of its financial year and reaffirmed its 2010 forecasts.

Datatec has passed a resolution to issue new Datatec shares to the value of $19,8-million as consideration for the acquisition of NetStar.

South African IT company Datatec has stepped up its expansion into Asia by buying privately owned networking firm NetStar for ,8-million.

SA IT company Datatec said on Thursday it has acquired a 50,01% stake in Inflow Technologies, an Indian ICT distribution business.

IT company Datatec expects first-half revenue to exceed ,2-billion helped by its operations in developing markets.

Shares in information and communications technology group Datatec dipped by almost 8% on Thursday after the company issued a pre-close statement for the six months ended August.…

The JSE drifted sideways during the course of the morning on Thursday in directionless trade as it waited to see how Wall Street opened. At 11.59am, the all-share index added…