Former Telkom acting group CEO Jeffrey Hedberg is taking over as chief operating officer at JSE-listed technology group Altech. The former Cell C CEO, who joined Telkom as head of subsidiary Multi-Links in November 2009, will join
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Set-top box manufacturer and Altech subsidiary UEC has unveiled a 25% (plus one share) empowerment deal with three black-led investment businesses. The value of the transaction has not been disclosed
JSE-listed technology and telecommunications group Altech has warned its profits in its financial year to 28 February 2011 will take a hit, in part as a result of poor economic conditions and a write-down in goodwill
After meeting with technology industry leaders on Friday, communications minister Roy Padayachie held a press conference with selected executives who participated in the discussion. Here is the podcast
Communications minister Roy Padayachie hosted technology industry leaders at a roundtable on Friday to discuss ways of growing the sector and creating jobs. Here’s who attended the event
SA’s commercial broadcasters have welcomed communications minister Roy Padayachie’s announcement on Friday that SA will adopt the second generation of the European standard
Altech has bought software vendor Swist Technology Solutions for R52m. It will pay R30m upfront, with the balance to be paid over three years, depending on whether specific profit targets are achieved. Swisttech management and
Listed technology companies Altech and Altron, its parent, have warned shareholders that market conditions are not improving as quickly as they had hoped and this could undermine earnings. For its part, Altech, which owns
JSE-listed technology group Altech has lost two of its most senior executives. James Rutherfoord, Altech’s group executive for telecommunications, has left to head up Nokia in West Africa. And chief technology officer
JSE-listed technology group Altech saw its profit fall for the six months ended 31 August 2010. Releasing its interim results on Tuesday, the company reported a decrease in headline earnings per share to 206c from 292c a year earlier.