altron

  1. Jan

    Altron Nexus and Altron Document Solutions classified as discontinued operations while Altron seeks buyers

    Altron Nexus and Altron Document Solutions for sale amid massive earnings drop Altron says that subsidiaries Altron Nexus and Altron Document Solutions are being classified as held-for-sale and will be considered discontinued operations for the company. “These two entities contributed 21% to...
    • Jan
    • Thread
    • altron altron document solutions altron nexus werner kapp
    • Replies: 0
    • Forum: Broadband and IT News
  3. Jan

    Altron releases mandatory trading update regarding big earnings drop and revenue increase

    Altron expects revenue jump — and a big earnings drop Altron has informed shareholders that it expects to report substantial increases in revenue and earnings in its annual financial results for the year ended 28 February 2023. It explained that in terms of the JSE Limited Listings...
  4. Jan

    Altron releases half-year results with FinTech, Security, and Arrow star performers

    Altron reports massive profits driven by FinTech and Security divisions Altron has released its interim results for the six months ended 31 August 2022, reporting a 57% increase in operating profit before capital items to R255 million. Revenue is up by 15% to R5.3 billion, and it has swung...
    • Jan
    • Thread
    • altron altron arrow altron fintech altron security netstar
    • Replies: 0
    • Forum: Broadband and IT News
  5. Jan

    Former Dimension Data MEA boss Werner Kapp joins Altron as chief executive

    Altron appoints new CEO JSE-listed technology company Altron has announced that Werner Kapp will replace Mteto Nyati as CEO. Kapp will take the reins at Altron on 1 October 2022.
  6. Jan

    Mteto Nyati appointed to Telkom board

    Former MTN and Altron boss joins Telkom board Telkom has announced several changes to its board with four members retiring or resigning from 24 August 2022. It announced that Mr N Kapila, Ms F Petersen-Cook, and Ms KW Mzondeki would retire as independent non-executive directors and not be...
  7. Jan

    South Africa's biggest public IT companies

    The biggest IT companies in South Africa South Africa has several home-brewed information technology companies worth well over R1 billion. After making enormous gains during the height of the Covid-19 pandemic, most major global tech shares have taken a beating in 2022.
    • Jan
    • Thread
    • altron alviva datatec eoh johannesburg stock exchange (jse) karooooo mustek naspers prosus
    • Replies: 2
    • Forum: Broadband and IT News
  8. Hanno Labuschagne

    Get in the Bytes business

    Get in the Bytes business You know the narrative: the JSE is a lost cause for investors, and all great riches are made on overseas markets. Experienced investors know that this simply isn’t true, at least not all the time. The JSE All Share is flat year to date, saved by our mining and...
  9. Jan

    Mteto Nyati resigns as Altron CEO

    Altron CEO Mteto Nyati resigns JSE-listed technology company Altron has announced that group chief executive Mteto Nyati will step down from his role on 30 June 2022. Altron said the decision was informed by Nyati’s search for a new challenge.
  10. Jan

    Altron posts half-year profit, won't mandate vaccines

    Altron posts R34 million profit Altron says it has posted a solid set of results in a challenging environment, and will not be mandating Covid-19 vaccinations for staff.
  11. Jan

    Competition Tribunal approves Altron's R245-million acquisition of Lawtrust

    Altron's R245-million Lawtrust deal gets green light Altron says it has created Africa's largest security services after the Competition Tribunal approved its R245-million acquisition of digital signature services company Lawtrust from Etion. The JSE-listed Altron previously acquired identity...
    • Jan
    • Thread
    • altron altron security competition commission etion lawtrust ubusha technologies
    • Replies: 0
    • Forum: Broadband and IT News
  12. Jan

    Kennedy Chinganya appointed as managing director for Altron Nexus

    Altron Nexus announces new managing director Altron has announced the appointment of Kennedy Chinganya as Managing Director for Altron Nexus, with effect from 1 September 2021. He succeeds Mark Harris, who will now handle special projects until the end of November 2021. Chinganya joined Altron...
  13. J

    The most painful period for Altron in 2020

    The most painful period for Altron in 2020 Altron CEO Mteto Nyati said the most painful period over the last six months was the conversations with 600 colleagues who had to be retrenched. Altron recently released its interim results for the six months ended 31 August, which revealed a strong...
  14. J

    Altron sells its last non-core asset

    Altron sells its last non-core asset Altron announced it has received approval from the Competition Commission to sell Altech UEC, which manufactured set-top boxes. The company sold the unit to Skyblu Technologies.
  15. Newsfeed

    Altron selling Crabtree to Siemens AG

    Altron selling Crabtree to Siemens AG Altron is selling Crabtree to Siemens AG, subject to regulatory approval, the company announced.
  16. Kevin Lancaster

    Altron’s revenue down in latest financial results

    Altron’s revenue down in latest financial results Altron has released its financial results for the year ended 28 February 2017.
  17. Kevin Lancaster

    Executive changes at Altron

    Executive changes at Altron Altron has announced a restructuring of its executive committee to create a leaner group structure that is aligned to its ICT ambitions.
  18. QuintonB

    Altech moves to sell off Autopage subscribers

    Altech planning to sell Autopage subscribers Altech parent Altron has advised that it is in an advanced stage of negotiations regarding the potential disposal of Altech Autopage’s GSM subscriber bases.
  19. Kevin Lancaster

    Altech Node sells 15,000

    Altech Node gaining traction Altech’s Node, which offers “Smart TV, Smart Entertainment, and Smart Home” functionality, has already sold over 15,000 units
  20. Kevin Lancaster

    Who will buy Vox?

    Who will buy Vox Telecom? Vox Telecom expects an acquisition deal to be concluded by the end of the year – here are some of the prominent companies which may buy Vox
  21. QuintonB

    Bytes Technology to acquire Unisys Africa

    Altron’s Bytes to acquire Unisys Africa Bytes Technology Group, wholly owned by the JSE-listed Altron Group, has entered into agreements to acquire 100% of the issued share capital of Unisys Africa from Unisys Corporation and CyberKnowledge Systems Investments, a local empowerment company.
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