New MD for Microsoft South Africa
Zoaib Hoosen has resigned as MD of Microsoft’s South African subsidiary and will be replaced by Lillian Barnard, the software giant said on Monday.
View ArticleAltron offloads last non-core asset it controlled
Years after starting a process to sell its non-core assets, JSE-listed technology group Altron has received regulatory approval to dispose of the last company it had a controlling interest in and which...
View ArticleAltron to move into new corporate campus
JSE-listed technology group Altron plans to move out of its staid corporate offices in Parktown to a new, 29 000sq m campus in Woodmead, north of Johannesburg, being developed by Growthpoint Properties.
View ArticleStandard Bank’s Cedric Miller named as new Altron CFO
Technology group Altron said on Thursday that is has appointed Cedric Miller as its new chief financial officer. He will join the group on 1 May.
View ArticleAltron outperforms with strong full-year results
The turnaround at Altron is gathering steam, reporting a 50% improvement in full-year headline earnings per share from continuing operations.
View ArticleJSE’s tech sector is a shadow of its former self
Just a few years back it was one of the hottest sectors on the JSE, with large companies like EOH, BCX and Altron being staples in many portfolios. No more.
View ArticleAltron suspends three Nexus executives amid probe
JSE-listed technology group Altron said on Friday that it has suspended three executives at its Altron Nexus subsidiary following an investigation that revealed "potential internal irregularities".
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Altron lifts Heps by 4%, talks up prospects
Altron lifted headline earnings per share by 4% in the six months to 31 August 2019 on the back of an 8% increase in revenue from continuing operations to R8.5-billion. Continue reading
View ArticleAltron splashes R360-million on security firm Ubusha
JSE-listed technology group Altron said on Monday that it had acquired Ubusha Technologies, an identity management security company, for R360-million.
View ArticleIt was (mostly) a bleak 2019 for JSE-listed technology shares
TechCentral's annual review of share price performances of JSE-listed technology companies shows that Cartrack, Altron, Mustek and Datatec all turned in a strong performance in 2019, but these were the...
View ArticleCompCom approves Altron’s R360-million Ubusha acquisition
The Competition Commission has approved JSE-listed technology group Altron’s acquisition of identity management security specialist Ubusha Technologies.
View ArticleCoronavirus: How SA’s biggest tech companies are responding
Many South African technology companies are allowing their employees to work from home and encouraging them to make use of technology to avoid face-to-face meetings with colleagues and clients.
View ArticleInterview: Altron CEO Mteto Nyati on unbundling Bytes UK
In this podcast, Altron CEO Mteto Nyati talks to TechCentral's Duncan McLeod about the group's decision to explore the unbundling and listing of its Bytes UK subsidiary on the London Stock Exchange.
View ArticleAltron eyes London listing for key UK subsidiary
JSE-listed technology group Altron looks set to list its UK subsidiary, Bytes Technology Group, in an effort to further unlock shareholder value.
View ArticleAltron pares dividend by 24% as it freezes salaries, cuts bonuses
JSE-listed technology group Altron has cut its final dividend by 24% to 55c/share to preserve cash amid the economic upheaval created by the Covid-19 pandemic.
View ArticleAltron CEO Mteto Nyati in extraordinary attack on the ANC
Altron Group CEO Mteto Nyati launched a withering critique of the ANC government on Twitter at the weekend, saying the ruling party has "passed its sell-by date".
View ArticleManagement shake-up at Altron
JSE-listed technology group Altron has appointed Collin Govender, currently its group CIO, as MD its Altron Karabina subsidiary following the impending exit of incumbent Grant van der Wal.
View ArticleAltron shares leap 20% on resilient results, Bytes UK listing
Altron shares rallied more than 20% on Thursday after the technology services group reported solid interim results despite the Covid-19 pandemic and said it was proceeding with plans to list its Bytes...
View ArticleBytes demerger created R7-billion in shareholder value: Altron
Altron on Thursday successfully listed its former subsidiary Bytes Technology Group on the main board of the London Stock Exchange, with a secondary listing on the JSE.
View ArticleWhy Altron could unbundle Netstar next
Fresh from the successful listing of its former subsidiary, Bytes Technology Group, in the UK, could Altron look at an unbundling of Netstar next as it seeks to unlock further value for shareholders?
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