2010 Financial Results
Publication Date: 13/01/2011
Turnover for the IT division to external customers increased by 13% with profits generated at R7.6m compared with R16.9m last year. The reduction is due to the cancelled Gauteng of Department of Health ("GDOH") contract and previous sale of a subsidiary. Staff share schemes have been put in place to ensure the services of key staff in FIOS and Saratoga Software are retained.
Consequently Sekunjalo has reduced its beneficial ownership in these companies in order to improve the sustainable growth prospects of the underlying businesses.
News Archive
Latest News