New Tech Partners

Newtech was founded by Mr.A.Swaminathan, a technocrat with more than ten years experience in the field of Computer hardware and software, Networking and electronic products. Newtech in operation since March, 2006, has a team of well trained and experienced professionals in the Technical Support and in Sales and Marketing. Newtech successfully broug... ht Automatic Teller Machines (ATM) from GRG of China in 2008 into Zambia, a market which was till then a monopoly of a MNC. Newtech also introduced, for the first time, different business models for the deployment of ATM such as Use & Pay, Lease and Hire, which has been a great success. Similarly in the Retail Business, Newtech successfully brought into Zambia in 2009, a low cost, more user friendly Retail Management and Accounting Software Systems, challenging the monopoly position enjoyed by another MNC. This System has been accorded approval by Zambia Revenue Authority. In August, 2011, Mr A B Patel, Chairman of the Radian Group of Companies, one of the biggest retailers in Zambia, has become a co-investor in Newtech. In line with its business philosophy of products with innovative technology, in September 2012 Newtech introduced in the Zambian Market, the first of its kind Currency Processors from the world renowned Magner International of USA.Read More