Browsing: Altech Netstar

News
Altron to finalise asset sales

Altron, the JSE-listed group that is repositioning itself exclusively as an ICT sector player as part of a turnaround plan, will finalise the disposal of non-core assets by the end of its 2018 financial year. Group CEO Mteto Nyati

News
Altron’s Netstar expands in Australia

Altech Netstar, a subsidiary of JSE-listed technology group Altron, has acquired 100% of Australian fleet management business Fleet Logistics for an undisclosed sum. Fleet Logistics, which trades as EZY2C, specialises in

News
Nyati announces shake-up at Altron

Newly appointed Altron CEO Mteto Nyati has moved quickly to stamp his authority on the listed technology company, naming a new executive committee and scrapping “redundant” positions. The idea behind the restructuring is to

In-depth
Altron’s spectacular fall from grace

At some point, JSE-listed Altron’s bombed out share price is going to look like a bargain. But it’s hard to know when that will be. The Venter-run family business last week announced a loss of R1,1bn for the year to February, drowning the previous

News
Venters to take a back seat at Altron

Robbie Venter, 56, is likely to step down as Altron’s CEO at the end of February, or soon thereafter, handing the reins to a non-family member for the first time in its storied, 51-year history. First, though, Venter – the son of Altron founder Bill

News
Web on wheels from BMW

BMW South Africa has taken the wraps off a set of Internet-connected services built into the company’s vehicles that provide a range of value-added services. At the heart of the technology is an embedded Vodafone Sim card, with global roaming enabled, and which is used for data services. ConnectedDrive will be embedded

News
Altron turns in sparkling results

Altron appears to be firing on all cylinders. The technology group, which owns Altech, Bytes and Powertech, has reported a 49% improvement in normalised headline earnings per share on the back of a 12% improvement in revenue. It has hiked its dividend to 80c/share, from 60c in 2013. The strong performance was underpinned

News
I know how you drove last summer

Usage-based insurance telematics, where insurance companies are able to determine everything from a customer’s driving habits to who really was responsible for an accident, will be the next big growth engine for the stolen vehicle tracking and recovery industry. That’s the view of Altech

1 2