Browsing: Mteto Nyati

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

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

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

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

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

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

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

Interview: Altron CEO Mteto Nyati

Just a month after TechCentral’s podcast with former Altron CEO Robbie Venter, Duncan McLeod returns to the group’s Parktown, Johannesburg head office to interview new CEO, and former MTN South Africa boss

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