JSE-listed technology group Altron has cut its final dividend by 24% to 55c/share to preserve cash amid the economic upheaval created by the Covid-19 pandemic.
Browsing: Mteto Nyati
In this podcast, Altron CEO Mteto Nyati talks to TechCentral’s Duncan McLeod about the group’s decision to explore the unbundling and listing of its Bytes UK subsidiary on the London Stock Exchange.
Many South African technology companies are allowing their employees to work from home and encouraging them to make use of technology to avoid face-to-face meetings with colleagues and clients.
The Competition Commission has approved JSE-listed technology group Altron’s acquisition of identity management security specialist Ubusha Technologies.
TechCentral’s annual review of share price performances of JSE-listed technology companies shows that Cartrack, Altron, Mustek and Datatec all turned in a strong performance in 2019, but these were the exception rather than the rule.
JSE-listed technology group Altron said on Monday that it had acquired Ubusha Technologies, an identity management security company, for R360-million.