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Press Releases

Altron wins two awards at SAPSA

JSE-listed Altron has announced that its Chief Executive, Mteto Nyati, has been honoured with a Lifetime Achievement Award for Excellence in the field of Management, during the recent South African Professional Services Awards (SAPSA). The technology company also scooped the Digital Industry Firm of the Year award. The awards, sponsored by Sanlam and W. Consulting, … Read More

Altron boosts EBITDA 14 percent as revenue gains six percent

JSE-listed technology company Altron has announced an increase in EBITDA of 14% to R1.8 billion in the year to end February, while revenue increased 6% to R16.7 billion during the same period. Headline earnings per share from continuing operations were up 2% to 182 cents while basic earnings per share increased by 4% to 184 … Read More

Altron Nexus donates radio equipment to Limpopo government for use in pandemic

Altron Nexus, a subsidiary of JSE-listed technology company Altron, has donated 32 two-way radio handsets to the Limpopo Provincial Government to boost communications during the coronavirus pandemic. The two-way radios enable fast communication at a push of a single button without having to dial – saving time during disaster management. The single push button connects … Read More

Altron to demerge and separately list Bytes UK

JSE-listed technology company Altron said it had resolved to demerge and separately list its UK business, Bytes UK, to unlock value for shareholders. Bytes UK will be listed in the UK, with a secondary listing on the JSE. While Altron will remain listed on the JSE, it plans to demerge from its remaining investm … Read More

Thumbs up for Altron acquisition of Ubusha Technologies

The Competition Commission has approved JSE-listed technology company Altron’s acquisition of Ubusha Technologies. Altron acquired the identity security company in December 2019 in a deal worth R360-million. Altron Chief Executive Mteto Nyati said: “This acquisition was the springboard for the creation of a new division, Altron Security, which will allow us to begin to offer … Read More

Altron promotes Mande to Managing Director of Altron Arrow

JSE-listed technology company Altron has announced the appointment of Warren Mande as Managing Director for its subsidiary, Altron Arrow. Mande, who has been with Altron for 17 years, joined the company as a graduate trainee working for Altron Document Solutions (Altron DS), where he rose through the ranks, holding the position of commercial manager for … Read More

Putco and Netstar data partnership helps keep roads safe

Netstar, a subsidiary of JSE-listed technology company Altron, is using data in a real-life manner to improve road safety at the Putco driver training academy. Putco management took a decision to involve Netstar to help implement a range of initiatives aimed at increasing safety and reducing accidents involving its buses, especially along the notoriously dangerous … Read More

Altron acquires identity security company Ubusha Technologies

JSE-listed technology company Altron has acquired identity security company, Ubusha Technologies in a deal worth R360-million, effective 1 March 2020 pending the Competition Commission approval. Founded in 2003, Ubusha, as a next-generation IT security services provider enables dynamic authentication and authorisation, identity management and governance and privileged account security for leading local and international banking, … Read More