Browsing: Mteto Nyati

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Nyati paid R6.5-million sign-on bonus at Altron

Luring former MTN South Africa CEO Mteto Nyati to take over as CEO of Altron from Robbie Venter didn’t come cheap. Nyati was paid a R6.5-million sign-on bonus, the JSE-listed technology group’s annual report

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Altron buys iS Partners for R225m

JSE-listed technology group Altron has acquired Microsoft partner iS Partners in a deal worth R225m. The acquisition is subject to Competition Commission approval. Altron CEO Mteto Nyati said the deal gives

In-depth
Meet the CEO: Altron’s Mteto Nyati

Meet the CEO is a weekly feature on TechCentral. The aim is to introduce our readers to the people behind the news by providing insights into the leaders shaping South Africa’s ICT industry. Our ninth interview in

News
Weak pound knocks Altron earnings

Altron has reported a 13% decline in headline earnings per share from continuing operations, to 47c, on revenue that fell 10% to R6.8bn. Bytes UK was a standout performer. The technology group said

News
Altron earnings to rise

Altron said on Wednesday that it expects interim headline earnings per share for the six months ended 31 August 2017 to be between 16% and 36% higher as a turnaround at the JSE-listed

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Altron to finalise asset sales

Altron, the JSE-listed group that is repositioning itself exclusively as an ICT sector player as part of a turnaround plan, will finalise the disposal of non-core assets by the end of its 2018 financial year. Group CEO Mteto Nyati

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JSE’s best and worst performing tech stocks

Two former high-flying IT services companies have been the laggards on the JSE in 2017 so far. EOH and Adapt IT have underperformed all other IT stocks, falling by 33.9% and 42.4% respectively to mid-August. The two companies have fallen

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