Technology (IT)
Altech Isis
Altech Isis performed satisfactorily for the review period, strengthening its customer base for its ground-breaking real-time converged customer care and billing product. To meet market demand, the company has increased its systems integration capability, entrenching its position as a reputable supplier of turnkey business support systems in South Africa and Africa.Altech Isis France (the renamed entity after the 2006 acquisition of MobiMaster) improved its trading performance for the review period. The company is actively exploring synergies within the Altech group, and addressing opportunities in other territories.
Altech NamITech West Africa
Located in Lagos, Nigeria, this company manufactures prepaid cellular vouchers for all five major telecommunications operators in the country. The company is currently processing over 75 million PINs for the production of prepaid air-time vouchers per month, compared to 10 million per month in its launch year, 2006. Several sizeable contracts were secured in 2008. The development drive for regional export business has been ramped up with the successful delivery of the first export order.During the review period, the company successfully lobbied to have an excise duty of 5% of turnover, proposed by the Nigerian government, removed effective from January 2009.
In 2009, the company will expand its product lines by adding the capability to supply initialised and personalised chip card products to telecommunications network operators and financial institutions.
Altech Card Solutions
Continuing the trend of recent years, Altech Card Solutions delivered excellent results for the period. Point-of-sale and PIN pad solutions for leading financial institutions are progressing to schedule, with a healthy order book for 2009.Growth in the electronic security division has exceeded all expectations for the year, with strategic business development initiatives well under way for aggressive expansion into West and East Africa.
Altech NuPay
Altech NuPay is an empowered service provider of managed transactions. We provide both authenticated and non-authenticated transactions in the card based and EFT environments to all market sectors needing to make use of managed transactions. Altech NuPay develops, maintains and markets all its own products and services.Altech NuPay was founded in 1998 and in a very short time has successfully established itself as the market leader for the provision of payment (collection) solutions to the micro finance industry. Our customer base in this sector currently consists of more than 3200 customers spanning from small micro financers to all the major role players within the micro finance sector.
Altech NuPay has also successfully branched out into many other markets and currently provider payment solutions to all sectors that have a need for any type of managed payment instruction.
We have a proven track record of stable and reliable systems. Our constant system enhancement and innovation ensure that customers get the very best service and products.
Altech NuPay strives to walk the extra mile where our products, customers and service offering are involved. We are committed to continually enhancing and innovating our products and services. We pride ourselves on the fact that our customers are our most important asset and we therefore continually strive to render them the excellent customer service to which they have become accustomed. We are commitment to our customers and our brand and continually seek room to improve.
| Page updated: 24 August, 2009 |  Return to top |