Altron to sell more subsidiaries, including Xerox agency
Altron plans to sell its Altron Document Solutions, Arrow and People Solutions subsidiaries, which it has identified as non-core, CEO Mteto Nyati said on Wednesday.
View ArticleAltron to acquire Lawtrust from Etion for R245-million
Technology group Etion is selling its Lawtrust information security specialist subsidiary to Altron for R245-million as part of a programme to unlock shareholder value.
View ArticleAltron Heps down 18% after ‘most difficult and challenging year’
Technology group Altron on Monday reported full-year headline earnings per share that fell 18% on revenue that was flat at R7.4-billion.
View ArticleTshwane broadband tender ‘valid and binding’: top court
Altron has won a long-running legal battle over the validity of a broadband tender for the City of Tshwane, with the constitutional court upholding a previous judgment of the supreme court of appeal.
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".
View ArticleAltron 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.
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 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?
View ArticleAltron to sell more subsidiaries, including Xerox agency
Altron plans to sell its Altron Document Solutions, Arrow and People Solutions subsidiaries, which it has identified as non-core, CEO Mteto Nyati said on Wednesday.
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