Mteto Nyati, CEO of Altron, at the annual results presentation at the JSE in Sandton. Picture: Freddy Mavunda
In a presentation to shareholders, the company said it aimed to list Bytes UK, the biggest contributor to total revenue, on the London Stock Exchange, with a secondary listing on the JSE in the fourth quarter of this year. The company is chasing a market of 43,000 private-sector companies in the UK with at least 100 employees each, with IT spending estimated to have reached £100bn in 2019.
“They're ‘backing the right horse’ because Microsoft is doing very well globally and is likely to continue doing so in the years ahead.
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