Altech CEO Craig Venter has taken umbrage at a report in the Sunday Times that questioned his leadership style and that implied it may be time for him to step down from the JSE-listed technology group. The article, published in the Business Times section of the newspaper on 29 January, said
Jeffrey Hedberg has resigned as Altech’s chief operating officer less than nine months after joining the JSE-listed technology group, adding to a growing exodus of top management. Hedberg, a US national who was previously acting group CEO at Telkom, was appointed to Altech
JSE-listed technology and telecommunications group Altech is no longer in talks to buy Kenyan IT firm Symphony, it said in a statement on the JSE’s Sens news service on Wednesday. “In response to speculation regarding Altech’s interest in unlisted
JSE-listed Altech has appointed Shahab Meshki as new CEO of its struggling East Africa business Kenya Data Networks. At the same time, the technology group is reported to be in talks to buy Kenyan IT firm Symphony in a deal that could be worth as much as US$60m
JSE-listed technology group Altech is considering big changes at its largest subsidiary, Altech Autopage Cellular. Options on the table include launching a mobile virtual network operator and bidding for radio frequency spectrum to build its own fourth-generation
Altech CEO Craig Venter believes East Africa remains a powerful opportunity despite the region dragging down the JSE-listed technology group’s results in the six months to the end of August. The East Africa business reported an operating loss
Profits at JSE-listed technology and telecommunications group Altech have fallen sharply in the six months to 31 August as a result, in large part, of pressure on its once high-flying operations in East Africa. Profit for the period was R137m, down from R232m a year
Intel Capital on Thursday announced it has reached an agreement to invest US$5m in JSE-listed technology group Altech. It is the first investment in SA by Intel Capital, the investment arm of US semiconductor giant Intel. The agreement, which remains subject to
JSE-listed technology group Altech has appointed Willie Oosthuysen as its new chief technology officer. Oosthuysen was previously a regional director for systems engineering at Cisco. Oosthuysen, who has replaced Ashraff Paruk
When Dimension Data unveiled its new brand identity and logo last week, it released two separate images of its chairman, Jeremy Ord, one from the 1980s, the other more recent, to illustrate to staff why
