SA firm acquires Ultimate Solutions

Ultimate Solutions offices in Gaborone
Ultimate Solutions offices in Gaborone

Last week, the Business Connexion Group of South Africa announced a 100% acquisition of Panabiz Nigeria, as well as a 100% holding in Ultimate Solutions Botswana, both effective 1 March 2014.

The South African Information Technology services provider has initiated a re-organisation process to advance its positioning as a global player hence the acquisition of the two firms in Africa.

Ultimate Solutions is Botswana’s market leader in Point of Sale solutions with three branches in Gaborone, Maun and Francistown and a retail customer base of over 800 stores in the country. With 20 years of experience and an excellent track record, Ultimate Solutions provides Business Connexion’s retail business units’ access to this market. Where required, Business Connexion will provide the Botswana retail customer base a migration path to newer technologies available within the Business Connexion stable or via partnerships that Business Connexion holds. Ultimate Solutions, is also a strong distributor of brands such as HP, Lenovo and Mecer and has the ability to distribute and manage the warrantee process within the Botswana environment.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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