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.
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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.