Browsing: Mteto Nyati

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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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Altron’s Netstar expands in Australia

Altech Netstar, a subsidiary of JSE-listed technology group Altron, has acquired 100% of Australian fleet management business Fleet Logistics for an undisclosed sum. Fleet Logistics, which trades as EZY2C, specialises in

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Altron to sell Crabtree to Siemens

JSE-listed technology group Altron said on Monday before markets opened that it plans to dispose of its subsidiary Crabtree Electrical Accessories to Germany’s Siemens for an undisclosed sum. The deal, which must still be approved

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MTN poaches communications chief from Telkom

Mobile operator MTN South Africa has poached Telkom’s top communications executive. Jacqui O’Sullivan has resigned from the partially state-owned telecommunications provider, where she has served as managing executive

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Altron to pursue acquisitions

JSE-listed Altron, now under the leadership of former MTN South Africa CEO Mteto Nyati, will pursue acquisitions to bolster its capability in four areas Nyati has identified as key to the technology group’s future growth. Nyati, speaking to TechCentral

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Nyati announces shake-up at Altron

Newly appointed Altron CEO Mteto Nyati has moved quickly to stamp his authority on the listed technology company, naming a new executive committee and scrapping “redundant” positions. The idea behind the restructuring is to

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