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South African tech mogul Jens Montanana gains $28 million from Datatec stake

Summary by Billionaires.Africa
Key PointsJens Montanana’s Datatec stake has surged $28.12 million in two months, fueled by a 27.96% rise in the company’s share price. Datatec’s strong H1 earnings — net profit up 91.75% to $30.2 million — boost investor confidence in South African tech stocks. Year-to-date, Datatec shares are up 22.34%, outperforming many local and global players, attracting growth-focused investors.South African tech mogul Jens Montanana, founder and CEO of D…
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Billionaires.Africa broke the news in on Monday, May 12, 2025.
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