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Press Releases

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

Altron employees in Eastern Cape move to one building

Johannesburg – JSE-listed technology company Altron has consolidated its corporate offices in the Eastern Cape, moving 134 employees into one building. The newly refurbished and rebranded premises in Berea, East London are located on Pearce street, housing employees of several Altron subsidiaries namely Altron Bytes Document Solutions (BDS), Altron Bytes Systems Integration, Med-e-Mass, MediSwitch, MedeServ … Read More

Altron suspends executives at subsidiary Altron Nexus over allegations of irregularities

Three senior executives of Altron Nexus, a subsidiary of JSE-listed technology company Altron, have been placed on precautionary suspension following an investigation that has revealed potential internal irregularities. After receiving information from a whistle-blower in June 2018, Altron appointed independent investigators to look into alleged procurement irregularities among a few senior executives within Altron Nexus. … Read More

In-car wi-fi and connectivity features now standard on all new toyota and lexus models

Johannesburg – Toyota South Africa Motors (TSAM), in collaboration with partners Altron and Vodacom Business, is pleased to announce a roll-out of connectivity features and in-car Wi-Fi on all new Toyota and Lexus models. The announcement was made at a press conference hosted by TSAM in Sandton on Thursday, 29 October 2019. Known as Toyota … Read More