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Press Releases

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

Altron in partnership to launch public transport cashless payment solution in Rwanda

JSE-listed technology company Altron, through its Rest of Africa operations, has partnered with Pascal Technologies to provide a seamless and integrated payment system for motorcycle public transport services in Rwanda. In terms of the deal, Altron is supplying the infrastructure comprising of payment terminals, GPS devices and mounting units, while Pascal Technologies is supplying the softwar … Read More

Altron co-operating with Competition Authorities

JSE-listed Altron can confirm that its Altech UEC, Altech Multimedia and Arrow Altech Distribution (AAD) businesses were the subject of a search and seizure operation by the Competition Commission on 16 November 2017. AAD is jointly owned by Arrow Electronics Inc. and Altron. The Competition Commission is investigating alleged prohibited practices as specif … Read More

Altron delivers solid results in a tough South African economy

Johannesburg, 24 October 2019 – JSE-listed technology company Altron has announced its half-year financial results, which saw the Group grow revenue from continuing operations by 8% to R8.5 billion, while EBITDA gained 19% to R803 million. Altron remains on track to achieve its five-year goal of doubling EBITDA by 2021. Headline earnings per share from continuing … Read More

Microsoft awards Altron Licensing Solution Provider contract

Johannesburg – Microsoft has named JSE-listed technology company Altron as a Licensing Solution Provider (LSP) in South Africa. This agreement comes as Altron is positioning its recent acquisition, Altron Karabina, to be the go-to partner for everything Microsoft, said Altron Group Chief Executive Mteto Nyati. “This LSP contract provides us with actionable insights to b … Read More

Altron MS and NCR to supply 100 cash-recyling ATMs to Capitec Bank

Johannesburg and Atlanta – Altron Managed Solutions (Altron MS), a subsidiary of JSE-listed technology company Altron, and NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, are providing Capitec Bank Holdings Limited 100 NCR SelfServ 84 cash-recycling ATMs this year, in addition to ongoing software and service support. Chad Baker, Altr … Read More

BTG Namibia enters into strategic partnership with Eljota Investment Managers

Johannesburg – Altron Rest of Africa (Altron ROA), a division of JSE-listed technology company Altron, has announced the sale of a minority stake in its subsidiary, Bytes Technology Group Namibia (BTG Namibia), to Eljota Investment Managers. BTG Namibia will be rebranding soon to Altron Namibia. A black-owned Namibian licensed and authorised asset management company, Eljota … Read More