Mark Harris is stepping down as MD of Altron unit Altron Nexus and will be replaced with immediate effect by financial director Kennedy Chinganya. Harris will “handle special projects” until end-November.
Browsing: Altron Nexus
Altron has won an appeal at the supreme court, overturning the high court’s earlier decision to set aside the awarding of a broadband contract by the City of Tshwane to Thobela Telecoms.
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.
Morai Solutions, one of three companies to be awarded temporary access to radio frequency spectrum to deploy television white-spaces networks during the Covid-19 pandemic, has set out its plans.
JSE-listed technology group Altron has appointed Mark Harris, a former MD of IBM South Africa, as the new permanent MD of its Altron Nexus subsidiary following a tumultuous period for the business.
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.
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”.
Altron is considering its legal options after the high court in Pretoria set aside the City of Tshwane’s municipal broadband network project contract.