Pick n Pay to list on A2X

Pick n Pay Stores has been approved for a secondary listing on A2X Markets (A2X). Its shares will be available for trade on A2X from 1 November 2022. The Pick n Pay Group, with a market cap of around R27 billion, will retain its primary listing on the Johannesburg...

Altron reports interim results

JSE-listed technology company Altron has posted its interim results for the six months ending August 2022. Key highlights include: * Revenue up by 15% to R5.3 billion * Net profit after tax improved by 420% * HEPS increased >460% to 34 cents per share * Continuing...

Grant Fraser is new Netstar MD

Altron has announced the appointment of Grant Fraser as MD of Netstar with effect from January 2023. Fraser, who has more than 14 years’ experience in executive leadership, will assume responsibility for Netstar’s strategic direction and growth. Fraser is...

Eaton’s acquisition of Tripp Lite boosts IT portfolio

Power management company Eaton has expanded its power portfolio through the acquisition of Tripp Lite, a US supplier of power products and connectivity solutions, to build a new customer base in Europe, the Middle East, and Africa. Initially marketed under the ‘Tripp...

Striata SA expands offering, rebrands to Tilte 

Striata South Africa has announced that it is rebranding to Tilte, in line with its expanded offering. Founded in a suburban Johannesburg garage in 1999, Striata rapidly grew to become a leader in the digital customer communications space. As technology has...

MRI Software acquires TPN Group

Real estate software solutions provider MRI Software has announced the acquisition of Johannesburg-based TPN Group, a registered credit bureau serving the residential, commercial, and education markets in South Africa. TPN’s solution portfolio includes verification...