A analysis of the annual reports of SA’s top technology companies – those with a market capitalisation above R1bn – show that Datatec CEO Jens Montanana is the highest paid CEO, at least among companies listed on the JSE. Montanana pipped MTN Group CEO Sifiso Dabengwa to the post, earning nearly US$3m in salary
Browsing: Altech
The department of trade & industry released its black economic empowerment (BEE) charter for the technology sector last month and it takes force with immediate effect. Although some companies in the sector already comply, others will have to move quickly if they’re to meet its stringent requirements
Technology group Altech has appointed Robin Marsden and Richard Wingfield as executive for corporate finance and chief information officer respectively. Marsden has worked in SA and the US and has more than 15 years of board level experience. His previous positions include partner and head of mergers and
The constitutional court has dismissed an application for leave to appeal lodged by the Competition Commission and Tracetec against vehicle tracking companies Altech Netstar, Matrix Vehicle Tracking and Tracker. The applicants have been ordered to pay costs. In 2005, Tracetec lodged a complaint
Events of the past week have shown that it’s become more urgent than ever that government sell its stake in Telkom . If it continues as a significant shareholder, it risks further undermining one of SA’s most important companies and inflicting long-term damage on SA’s economy. The opportune
The past few years have been significant for Telkom. The market has shifted significantly and, after a slew of CEOs, it appears Nombulelo Moholi and her management team are getting things back on track. The advances of a company as big and successful
Mobile operator 8ta is in the market for a new marketing and sales executive. Stephen Blewett, who had filled this role until last week, has resigned. Blewett joined 8ta, which is the mobile arm of Telkom and SA’s fourth cellphone network operator, in 2009 as a contractor for an initial one-year term. The contract
Former Cell C CEO, US national Jeffrey Hedberg, intends to stay in SA and to remain actively involved in the information and communications technology industry. Speaking to TechCentral on Wednesday, Hedberg says he has not made any decisions about his future career plans, adding that he’s taking time to
Vodacom has bought set-top boxes from Altech’s Durban-based UEC subsidiary that are capable of delivering both fixed-line and wireless Internet protocol television (IPTV) services to consumers, apparently as part of an internal trial. Though Vodacom confirms it has bought two decoders for testing, company spokesman Nomsa Thusi says
JSE-listed technology group Altech is looking internally for a new chief operating officer. This follows the short-lived tenure of former Telkom acting group CEO Jeffrey Hedberg in the role. “We want to make the right appointment and ensure it is the right appointment,” says Altech CEO Craig Venter. “This will probably be an internal