Altron has a shortlist of candidates for a new CEO, all of them from the IT sector, the group’s current CEO, Robbie Venter, said on Monday. This comes as Altron disposes of non-core assets to focus on the ICT industry. Speaking on the TechCentral Podcast
Duncan McLeod sat down on 6 March with Altron CEO Robbie Venter and Value Capital Partners (VCP) CEO Sam Sithole to discuss the huge changes the Altron group has been through in recent years. In the interview, listen to Venter talk about
Bill Venter will next week step down as chairman of Altron, the group he founded more than 50 years ago. He will be replaced by Mike Leeming, a retired banker who has been on the Altron board since 2002. Venter will assume a
Jasco Electronics, Huge Group and Blue Label Telecoms top the list of best-performing technology shares on the JSE in 2016, TechCentral’s annual analysis of share price performances shows. Jasco, led
JSE-listed technology group Altron has announced arguably the biggest shake-up in its 51-year history, setting out plans to introduce a new strategic partner and to collapse its control structure. The news sent the share price soaring by more than
The Venter family-controlled Altron group has made further progress in disposing of non-core assets, announcing on Tuesday the planned sale by subsidiary Powertech Industries of Powertech Battery Group to Trinitas Fund for R300m in cash
The turnaround at long-troubled technology and manufacturing group Altron is picking up pace, with profit from continuing operations in the six months to end-August 2016 improving to R187m from R103m in the same six-month
Altron’s share price leapt higher on Friday on news that the long-troubled JSE-listed technology and industrial group is set to report a swing to profitability in the six months to end-August 2016. Headline earnings per share for total
Troubled technology and industrial group Altron said on Monday that it expects to return to profitability for the six months ended 31 August 2016 as a restructuring starts to bear early fruit. It said in a trading statement that it expects to report
Former Altech CEO and Altron TMT group executive Craig Venter was given a R15m “separation payment” when he left the technology group last year, despite poor performance by several of
