Roku shares jump 25% due to impressive streaming numbers.
Browsing: Financial report
EcoCash, Steward Bank partner to offer hassle-free small loans with Steward Bank also unveiling instant *236# bank-account opening service.
Steward Bank achieved a 123% growth in profits to $19 million during the 6 months ended August 31, 2018 compared to $8.5 million same period prior year.
Alibaba hit another blockbuster Singles’ Day after customers around the world shopped in stores and…
Econet Wireless is well on its way to becoming the country’s first listed billion-dollar revenue business, posted an impressive 122million profit after tax in the same period, a 265% jump from the $49 million reported in the same period last year.
MTN South Africa ended the third quarter with 29.5m customers, down from 30.2m at the end of June.
Facebook’s shares promptly crashed, in the aftermath of the company’s second-quarter earnings report with shares falling as much as 20%.
In March this year, Econet Wireless declared a total $50 million dividend for the nine months ended November, 30, 2017 which was equivalent to $1, 9 cents per share.
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) first quarter report for this year,…
Econet was the only operator to increase its active customer subscription base by 2.2% in the three months from January to end of March 2018. Its closest rival NetOne lost a staggering 46.9% of its customer base, while – according to the report – the third operator Telecel lost 12.4% of its subscriber base.
Agribank has so far spent $1,1 million on information communication technology (ICT) infrastructure hardware, as it presses ahead with efforts to ensure system stability and provide more functions for effective service delivery.
TelOne is on a financial come back as revenues increased to $117 million last year driven by growth in broadband income, while they narrowed their loss by 42% to $7 million in 2017, owing to cost containment and a growth in broadband revenue.
EcoCash grew its market share from 96.7% in the third quarter, to 97.2% in Q4 of 2017, while its sector peers NetOne’s OneMoney and Telecel’s TeleCash both lost market share.
Liquid Telecom Zimbabwe commands the largest market share in Internet access provision with the operator’s market share growing from 53.7% to 54.2% in the last quarter of 2017.
The use of electronic payment systems will also result in de-congested banking halls
Making reference to POTRAZ’s recent industry report for the third quarter (Q3) of 2017, mobile telecommunications revenue increased…
South African media giant, Naspers, has reported a 39% revenue growth year on year in its…