Altron Nexus, in partnership with the Gauteng Department of e-Governance and Mogale City, today began construction work on a new community information and communications technology laboratory. The development of the laboratory, located in the community of Orient Hills, was marked with an official sod-turning ceremony that was attended by representatives from government and Altron. Featuring a computer room with fifteen stations, in a customised container, the idea behind the lab is that skills will be taught to young people and those with their own business in this under-privileged area. At the end of 12 months, which will include mentoring and
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JSE-listed technology company Altron has sold Altron Document Solutions and its Eastern Cape subsidiary Genbiz as a going concern to Xerotech. Xerotech is a subsidiary of Bi-Africa Investment Holdings. Altron Group Chief Finance Officer Nicholas Bofilatos said, “Altron is selling this business so we can focus on the core ICT solutions and services which are at the heart of our new Altron 2.0 strategy.” Bofilatos said money from the sale would be used to pay down Altron’s debt. Altron Document Solutions provides office printer technology solutions and services in South Africa and sub-Saharan Africa. It is currently Xerox’s strategic partner
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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. Headline earnings per share increased 238% to 11 cents per share, while operating free cash flow of R81 million was up by more than 742%. Altron Group Chief Executive Mteto Nyati described the half year results as “a very resilient performance in the face of a challenging operating environment”. “The benefits
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JSE-listed Altron Group Chief Executive Officer has received an honorary doctorate from the University of Johannesburg’s College of Business and Economics. Presiding over the graduation ceremony last Friday, University of Johannesburg Vice-Chancellor Professor Tshilidzi Marwala, said the institution recognises “the outstanding contribution of Mteto Nyati, driven by elevating others, service, integrity, excellence and fairness.” Altron Chairman Stewart van Graan commended Nyati for the accolade, noting that he had grown Altron into a solid position of growth during his leadership. “We are immensely proud of Mteto, he thoroughly deserves this great honour.” Accepting the degree, Nyati said: “It is such an
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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. The R245-million deal will see Lawtrust being integrated into Altron, which also acquired identity management market leader, Ubusha Technologies, in 2019 to form Altron Security. Altron Group Chief Executive, Mteto Nyati, said the acquisition of Lawtrust positioned Altron Security as a one-stop shop for digital and information security. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to verify the authenticity of digital identities and counterparty systems in transactions,
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JSE-listed Altron has appointed Nicholas Bofilatos as Group Chief Financial Officer with effect from 29 July 2021. Bofilatos, who takes over from Cedric Miller, joined Altron in 2019 and was Finance Executive: Change Management. He has more than 15 years’ experience in finance leadership positions and was previously Group CFO at Ctrack Holdings. A Chartered Accountant by training, Bofilatos holds a Bachelor of Commerce degree from the University of Pretoria as well as a Bachelor of Accounting Science (BCompt Hons) and Certificate in Theory of Accountancy from the University of South Africa. “I am delighted to take over this role
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Underscoring the vital need to protect customers’ data and identity, Old Mutual is investing in the best technology with key partnerships concluded with Ping Identity, the Intelligent Identity solution for the enterprise and Altron Security. The Ping Intelligent Identity™ platform provides customers, workforce, and partners with access to cloud, mobile, SaaS and on-premises applications across the hybrid enterprise. Ping Identity’s solutions will enable Old Mutual to migrate away from their existing identity management, allowing for a dramatic change to customer experience, security and speed of delivery. Altron Security will be responsible for modernising Old Mutual’s existing identity management across digital
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JSE-listed Altron has acquired digital signatures services company Lawtrust from Etion for R245-million subject to Competition Commission approval. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to verify the authenticity of digital identities and counterparty systems in transactions, data encryption, digital signatures, as well as biometrics. “In 2019 we acquired Ubusha Technologies, a leader in identity management. Ubusha formed the foundation of Altron Security. It has proven to be a great acquisition as customers accelerated their digital transformation due to COVID-19. The acquisition of Lawtrust positions Altron Security as a One Stop
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JSE-listed Altron has announced the appointment of Nametsegang Maruping as Group Executive: Human Capital, with effect from 1 February 2021. Maruping is currently Head of Human Capital in Altron Rest of Africa, a position which she retains.   Maruping joined Altron Rest of Africa in 2018 as the Head of Human Capital. She was responsible for leading and providing human capital strategic oversight across Africa and Middle East with a key focus on Botswana; Kenya; Mauritius; Middle East, Mozambique; Namibia and South Africa.   Prior to joining Altron, Maruping worked at companies such as Absa, Standard Bank and Unilever as
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Quick-service restaurant chain Hungry Lion has chosen the UKG Dimensions cloud suite from UKG (Ultimate Kronos Group), in collaboration with Altron Systems Integration, to accelerate its digital transformation and support its expansion efforts, as well as empower managers and employees through user experience.   Established in 1997 Hungry Lion has rapidly expanded its footprint over the last several years, growing to nearly 250 locations with 5,000 employees spread across seven African countries. The chain has aspirations of growing to 300 stores in more countries in the near future.   Keeping pace with its rapid growth, investment in technology, and focus
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