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    Home»All»Company Stories»Tech-led growth at Altron Botswana
    07-08-Altron-Botswana-Proprietary
    07-08-Altron-Botswana-Proprietary
    Company Stories

    Tech-led growth at Altron Botswana

    By Elodie QianAugust 7, 2024Updated:August 15, 2024No Comments5 Mins Read
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    • Altron Botswana is part of the Altron, South Africa’s technology pioneer, and has been solving real-world problems since 1965.
    • Altron Botswana, a member of the Altron Rest of Africa (Altron ROA) family and a division of the broader Altron Group, is dedicated to driving growth within Botswana.

    Altron Limited’s 2024 financial summary report highlights robust results from the company’s core continuing operations, with an 8% increase in revenue and a 36% rise in HEPS, excluding the ATM Business sold. The report indicates a 27% uptick in EBITDA and a 33% surge in operating profit.

    Despite these gains, the Altron Group’s overall performance was impacted by non-cash adjustments in two non-core subsidiaries, leading to a 5% decrease in revenue and a 6% drop in EBITDA. CEO Werner Kapp emphasizes the company’s strategic execution and commitment to technology-driven transformation, with a significant 74% increase in the final dividend and a 25% growth in cash generated from operations.

    The report also outlines the company’s capital structure, operational enhancements, and future outlook, targeting an Operating Profit margin of +19% for platforms segment and +7% for IT services segment by 2026.

    A clear vision for growth

    Altron Botswana, a member of the Altron Rest of Africa (Altron ROA) family and a division of the broader Altron Group, is dedicated to driving growth within Botswana. The company is unwavering in its commitment to the effective execution of the One Altron strategy, which serves as the guiding principle for all its operations.

    A spectrum of services

    In the IT services and consulting industry, Altron Botswana offers a comprehensive range of products, services, and solutions. The company’s expertise spans across Smart IoT, Digital Transformation, Managed Services, and HealthTech & FinTech segments, showcasing its versatility and adaptability in a rapidly evolving technological landscape.

    Company overview

    With a workforce that ranges from 5,001 to 10,000 employees, Altron Botswana is headquartered in Gaborone, positioning it at the heart of the region’s technological development. As a public company, it leverages its scale to deliver large-scale impact through its services.

    Specialties and solutions

    Altron Botswana’s specialties include but are not limited to systems integration, telematics, broadband infrastructure installations, vehicle tracking, business process outsourcing, ICT outsourcing, printing equipment solutions, medical practice management systems, and information security services. These reflect the company’s commitment to providing end-to-end solutions that cater to diverse industry needs.

    Our purpose is to transform today into a simpler, safer, and smarter tomorrow. With every innovation and service we provide, we aim to make a tangible difference in the lives of people across Botswana and the African continent.

    Werner Kapp, Group Chief Executive, Altron

    Values that empower

    Since 1965, Altron has been a pioneer in the South African technology sector, solving real-world problems with innovative solutions. The company’s culture is built on the strength of its people, valuing diversity and the collective effort in creating a work environment that promotes career growth and enjoyment.

    Altron Botswana’s values of openness, honesty, and integrity are the cornerstone of its operations. The company encourages collaboration across teams and is deeply passionate about its employees, customers, partners, and communities. Embracing diversity is a core tenet that enriches the company’s high-performance culture.

    Altron Botswana’s purpose is to transform today into a simpler, safer, and smarter tomorrow. This is evident in the company’s impact on various sectors, from powering connectivity and healthcare to supporting South Africa’s vital business infrastructure.

    A legacy of innovation

    With a history marked by innovation and growth, Altron Botswana continues to build on its legacy as a technology leader. From its early days to its current status as a major player in the IT sector, the company’s journey is a testament to its ability to adapt and thrive in a competitive market.

    In action

    The company’s transformative work is not just a promise but a reality, as seen in the 1.6 million devices connected through Netstar, the 5000 taxis fitted with Netstar’s free Wi-Fi, and the 20 million South African Smart ID cards embedded with its technology. Moreover, the processing of 181 billion Internet of Things messages every month underscores Altron Botswana’s significant role in the digital ecosystem.

    As Altron Botswana continues to implement its ambitious three-year strategy, the company is well on its way to becoming the leading platform and IT services business in its chosen markets. With a clear vision and a commitment to excellence, Altron Botswana is poised to make a lasting impact on the technological landscape of Botswana and beyond.

    About Altron Botswana

    Altron Botswana is part of the Altron Group, South Africa’s technology pioneer, and has been solving real-world problems since its inception in 1965, offering a wide range of products and services including smart IoT, digital transformation, managed services, and health tech and fintech. As a public company headquartered in Gaborone, Altron Botswana employs between 5001 and 10 000 people and drives the country’s growth and technological advancement with its expertise in systems integration, telematics, broadband infrastructure installation and information security services.

    Altron Botswana Proprietary Altron Rest of Africa (Altron ROA) Netstar
    Elodie Qian

    Elodie Qian is an intern reporter at BTW Media covering artificial intelligence and products. She graduated from Sichuan International Studies University. Send tips to e.qian@btw.media.

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