Data from vehicle tracking companies Netstar and Tracker shows the number of vehicles on South Africa’s roads plunged during the first few days of the national lockdown – as did vehicle theft and hijackings.
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All new Toyota and Lexus vehicles sold in South Africa will be fitted with a device that provides telematics and a Wi-Fi hotspot to which up to 15 users will be able to connect.
The turnaround at Altron is gathering steam, reporting a 50% improvement in full-year headline earnings per share from continuing operations.
Netstar, a subsidiary of JSE-listed Altron, said on Monday that it has signed a joint venture deal with C Ahead Technology to offer insurance and fleet telematics in India.
South African Sigfox Internet of things operator SqwidNet has signed three major deals to roll out the technology in consumer and business applications.
Altron subsidiary Netstar has partnered with Dark Fibre Africa’s Internet of things business SqwidNet to roll IoT solutions in South Africa.
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
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
Former Altech CEO and Altron TMT group executive Craig Venter was given a R15m “separation payment” when he left the technology group last year, despite poor performance by several of
At some point, JSE-listed Altron’s bombed out share price is going to look like a bargain. But it’s hard to know when that will be. The Venter-run family business last week announced a loss of R1,1bn for the year to February, drowning the previous