Altech sells 25% stake in Netstar's fleet-management unit to BEE group

April 12, 2007

JSE-listed technology group Altech announced on Thursday that it had concluded a black economic-empowerment (BEE) agreement with a newly-established consortium, Nariku, related to the fleet-management division of Altech Netstar...

Altech Netstar is a leading vehicle-tracking and recovery company, headquartered in Midrand, Gauteng. But it also has operations in Zambia, Namibia, Swaziland, and Botswana, as well as in Malaysia.

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