Technology firm Altron has put a for-sale sign on one of its subsidiaries after it lost a lucrative Gauteng broadband network contract to MTN, and warned that the dire finances of the City of Tshwane puts in doubt its ability to pay suppliers.

The share price of Altron shed more than 5% on Wednesday after it warned investors to expect a plunge in earnings of up to 288% in the six months to end-August...

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