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2023

13
November 2023
Altron ups dividend after strong growth in profitability from continuing operations

Despite increasingly tough trading conditions the Altron Group reported improved revenue and profitability from continuing operations for the six months ended 31 August 2023. 

01
August 2023
Altron Appoints Marisa Jansen van Vuuren as Chief Marketing Officer
Johannesburg – Altron, a leading technology company, has appointed Marisa Jansen van Vuuren as its new Chief Marketing Officer (CMO) effective from August 1, 2023.
20
July 2023
Altron Sponsors South African Ladies U20 touch rugby team for Atlantic Youth Touch Cup
Altron, a leading South African technology company is excited to announce kit sponsorship of the South African Ladies Under 20 Touch Rugby team.
03
July 2023
Altron announces the successful conclusion of the sale of its ATM hardware and support business to NCR
JSE-listed technology company Altron announced the conclusion of the sale of its ATM Hardware and Support Business portion of the Altron Managed Solutions Division to NCR Inc. Altron Managed Solutions will continue to operate all remaining portfolios including its retail solutions, end user computer support, cloud platform and software solutions.
28
June 2023
Altron Arrow drives sustainable delivery with rooftop solar-powered offices and new all-electric delivery fleet
Johannesburg – Altron Arrow, a 50/50 joint venture between Altron and Arrow Electronics, has installed a 100kW rooftop solar system and introduced a fleet of electric delivery vans, becoming the first Altron company to introduce this as the group moves towards a more sustainable future.
15
May 2023
Altron delivers resilient annual results despite tough economic conditions
Today the Altron Group reported resilient annual results for the 12-month period ended 28 February 2023. Despite increasingly tough trading conditions, Altron’s ability to deliver double-digit revenue growth is evidence of the Group’s strong annuity and defensive earnings base.
03
February 2023
Altron appoints HR Executive and Company Secretary
3 February 2023, Johannesburg. JSE-listed technology group Altron has appointed Pam Xaba, as Group Executive: Human Capital, and Mbali Ngcobo as Group Company Secretary, as of 1 February 2023.
19
January 2023
Altron appoints James Hickman Sales Director
Johannesburg, 19 January 2023. JSE-listed technology company Altron has appointed James Hickman as Sales Director: Digital Transformation.

2022

2021

01
December 2021
New Managing Director for Altron Security

Johannesburg, 1 December 2021 – JSE-listed technology company Altron has appointed Andrew Whittaker as Managing Director of Altron Security with effect from 1 December 2021. Previously Executive: Services and Business Development at Altron Security, where he was responsible for sales, business development, marketing, and services management, Whittaker takes over from Marius Agenbag, who is retiring.

26
October 2021
Altron's Mteto Nyati receives honorary doctorate

Johannesburg, 26 October 2021 – JSE-listed Altron Group Chief Executive Officer has received an honorary doctorate from the University of Johannesburg’s College of Business and Economics.

25
October 2021
Altron delivers solid performance in challenging environment

25 October 2021, Johannesburg – JSE-listed technology company Altron has announced its interim results for the six months ended 31 August 2021, which saw revenue up by two percent to R3.5 billion. The company saw cash generated from operations up 79% to R527 million and an interim dividend of seven cents per share declared.

01
October 2021
Altron announces sale of Altron People Solutions business

JSE-listed Altron has announced the sale of its Altron People Solutions business, which was held for sale for the past year.

01
October 2021
Competition Tribunal approves Altron acquisition of Lawtrust

Africa’s leading security services provider has been created after the Competition Tribunal approved the acquisition of digital signature services company Lawtrust by JSE-listed Altron.

22
September 2021
Competition Tribunal approves Altron acquisition of Lawtrust

Africa’s leading security services provider has been created after the Competition Tribunal approved the acquisition of digital signature services company Lawtrust by JSE-listed Altron.

01
September 2021
New managing director for Altron Nexus

Altron has announced the appointment of Kennedy Chinganya as Managing Director for Altron Nexus, with effect from 1 September, 2021. He succeeds Mark Harris, who will now handle special projects until end of November 2021.

29
July 2021
Technology giant Altron appoints CFO and Chairman

JSE-listed Altron has appointed Nicholas Bofilatos as Group Chief Financial Officer with effect from 29 July 2021.

21
May 2021
Altron vindicated in Tshwane Broadband Network matter

JJSE-listed Altron has expressed its pleasure with the Constitutional Court ruling that affirmed the Supreme Court of Appeal’s previous ruling to the effect that the broadband network contract awarded to Thobela Telecoms, a special purpose vehicle in which Altron Nexus is a minority shareholder, is valid and binding.

17
May 2021
Altron unlocks shareholder value by 152% despite tough environment

JSE-listed technology company Altron has announced its financial results for the year to end February. The company saw invoiced income gain four percent to R7.7 billion, while cash from operations grew 31% to R2.2 billion. Shareholder value was unlocked by 152% from a share price of R20.19 to a share value of R50.80.

19
April 2021
Altron acquires security firm Lawtrust for R245-million

Johannesburg, 19 April 2021 – JSE-listed Altron has acquired digital signatures services company Lawtrust from Etion for R245-million subject to Competition Commission approval.


2020

17
December 2020
Altron successfully completes demerger and separate listing of Bytes Technology Group plc ('Bytes')

Today, Bytes has been admitted to the premium listing segment of the official list of the UK’s Financial Conduct Authority, to unconditional trading on the Main Market of the London Stock Exchange, and the Main Board of the Johannesburg Stock Exchange by way of a secondary inward listing (“Admission“). This marks the completion of the demerger of the Bytes group from the Altron Group, a transaction which Altron announced to the market in April 2020. The achieved price of £2.70 per Bytes ordinary share (the “Issue Price“) results in a market capitalisation at the Issue Price of approximately GBP 647 million (c.R13 billion) on Admission. The Issue Price was in the top half of the previously communicated price range of £2.40 to £2.90 per Bytes ordinary share. Approximately 40% of the Bytes ordinary shares are distributed to existing Altron shareholders and the remaining shares are held by investors located outside South Africa, and Bytes management.

22
October 2020
Altron boosts Continuing Operations interim EBITDA by 17 percent as revenue jumps 14 percent

Johannesburg, 22 October 2020 – JSE-listed technology company Altron has announced an increase in Continuing Operations EBITDA of 17% to R883 million for the first half of the year through to August 31, while revenue increased 14% to R8.4 billion.

13
October 2020
Nyati makes executive changes at Altron

JSE-listed technology company Altron has announced that Collin Govender, current group chief information officer, will take over as managing director of subsidiary Altron Karabina after the departure of Grant van der Wal on December 31, 2020. Debra-Lynn Marais, Altron’s shared services executive will succeed Govender as group chief information officer.

30
July 2020
Altron subsidiary partners with Aprimo to bring 'digital first' mindset to African companies

Johannesburg, 30 July 2020 – Altron Systems Integration (BSI), a subsidiary of JSE-listed Altron, has partnered with US-based Aprimo to bring digital technology and services to companies that will benefit dramatically from digital transformation.

15
June 2020
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.

14
May 2020
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.

06
April 2020
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.

02
April 2020
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 investment in the UK.

04
March 2020
Thumbs up for Altron acquisition of Ubusha Technologies

The Competition Commission has approved JSE-listed technology company Altron’s acquisition of Ubusha Technologies.

11
February 2020
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.


2019

19
December 2019
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.

09
December 2019
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.

02
December 2019
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.

24
November 2019
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.

24
October 2019
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.

07
October 2019
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.
23
September 2019
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.
12
September 2019
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
11
September 2019
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.
06
September 2019
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.

29
August 2019
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.

2013