MultiChoice Group delivered a 41% year-on-year improvement in core headline earnings per share in the six months ended 30 September 2020, even as revenue barely budged at R26.1-billion.
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A new research report published by Google and the International Finance Corp has found that Africa’s Internet economy could contribute 5.2% of the continent’s GDP within five years.
MultiChoice Group has officially launched its next-generation PVR decoder capable of delivering 4K content and Dolby Atmos audio, and is integrated with rival Netflix and its own streaming platform Showmax.
Google will start limiting how many high-quality photos users can store on the company’s cloud backup service starting next June in a move that could help protect profit margins.
German luxury car maker BMW has unveiled an electric sport utility vehicle called the BMW iX, planned to go on sale in early 2022 to compete with Tesla and other rivals.
South Africa’s unemployment rate jumped to 30.8% in the third quarter from 23.3% in the second quarter, the government statistics agency said on Thursday.
Telkom’s ICT services business BCX will spin off its data centre business into another Telkom subsidiary, Gyro, and the telecommunications group may then seek external investors.
The SABC on Wednesday said it had concluded consultations under section 189 of the Labour Relations Act and would now retrench 400 employees 200 fewer than the 600 it said previously it might have to let go.
Telkom’s mobile data revenue surged 54% in the first half of its 2021 financial year, supported by an 81% surge in mobile traffic. However, it’s fixed-line business contracted sharply.
Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.