MTN Group CEO Rob Shuter says that the group’s South African operation has ‘turned a…
Browsing: Financial Report
Roku shares jump 25% due to impressive streaming numbers.
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.
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.
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.
South African media giant, Naspers, has reported a 39% revenue growth year on year in its…