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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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
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
On the back of a strong set of financial results for the year ended 28 February 2018, technology group Altron has said it plans to resume dividend payments from its next set of interim results, due after August
Altron said on Wednesday that it has reached an agreement to sell its 80% stake in Powertech Transformers, one of its legacy businesses, for R250m. The stake is being acquired by a consortium made
Once upon a time, Altron was voted one of the top 20 companies on the JSE. The share price climbed to R50 and the market capitalisation to R14bn as revenues reached the same levels and exports and operating
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
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
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
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