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Faritec

Faritec declares R96 million loss, optimistic of the future

Faritec is optimistic about the future despite declaring an operating loss of R96 million for the year, the company is hopeful that its new strategy will propel it to a new profitable future. The JSE-listed black-empowered IT services company...

Faritec CEO resigns

JSE-listed IT company Faritec Holdings Limited, has announced that CEO Simon Tomlinson has resigned with immediate effect. As an interim measure, the board has appointed current Non-Executive Chairman, Dr Chris Jardine, as Executive Chairman, to manage and oversee...

SA ICT company Faritec raises additional capital

Faritec Holdings Limited, a leading black empowerment ICT company in South Africa, is raising an additional ZAR20 million in capital to ensure long term sustainability of the business. The company, listed on the Johannesburg Stock Exchange (JSE), says the capital...

Rand Water Selects Faritec as EDMS Implementation Partner

Water utility Rand Water has selected Faritec as its Electronic Document Management System implementation partner. Faritec is a JSE-listed IT services and solutions company. The IBM FileNet product was selected by Rand Water, as the backbone of Rand Water’s ECM...

Faritec, 1st IBM Partner to Earn DataPower Accreditation

Johannesburg Stock Exchange-listed ICT solutions and services specialist Faritec has become the first IBM partner in South Africa to be awarded accreditation to sell and implement IBM DataPower Service Oriented Architecture (SOA) appliances. IBM DataPower simplifies, accelerates and enhances the...
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