Nov 2, 2022
James Hickman, formerly head of sales, solutioning and marketing, has been appointed as the new acting executive at Altron Karabina effective from 3 October, 2022. Hickman’s appointment follows the Altron Group’s recent announcement that Altron Karabina Managing...
Oct 28, 2022
The Shoprite Group made its second minority investment in a South African tech start-up this year. In the most recent transaction, the retailer is among a group of companies, led by Buffet Investments and KLT, in an undisclosed expansion round in Omnisient,...
Oct 26, 2022
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...
Oct 25, 2022
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...
Oct 25, 2022
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...
Oct 19, 2022
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...
