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Top 4 Most Trending Stories – Week in Review - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

As this week comes to a close we take a look at the stories that resonated most with our readers. Fintech news was popular with our readers this week as Capitec launched a new QR-based payment solution and Adumo announced a major acquisition. Altron appoints a new managing director and internet via balloons comes to […]
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Altron Security Appoints New Managing Director - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

JSE-listed technology company Altron has appointed Andrew Whittaker as its new Managing Director of Altron Security with effect from 1 December 2021. Previously Executive: Services and Business Development at Altron Security, Whittaker was responsible for sales, business development, marketing, and services management, Whittaker takes over from Marius Agenbag, who is retiring. Whittaker has been with […]
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Cost containment pays off for Altron

May 17, 2021 JSE-listed technology company Altron has announced that invoiced income gain 4% to R7.7 billion, while cash from operations grew 31% to R2,2-billion for the financial year to end February. Shareholder value was unlocked by 152% from a share price of R20.19 to a share value of R50.80. Earnings before interest, tax, depreciation, and amortisation (EBITDA) declined 8% to R1-billion. The operating free cash flow of R612-million increased by more than 600%. Cash generated from operation...
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