Woolworths saw online food sales for its South Africa business leap 87.8% in the 52 weeks to 28 June as consumers turned the Internet and shunned stores amid the Covid-19 pandemic.
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MTN Group expects to report an increase in earnings per share of at least R3.45, or 140%, in the six months to the end of June 2020.
The big deals that Prosus should be winning are slipping through its fingers. It’s not a great start for a company set up to be a deal machine.
Zimbabwe’s president has picked a fight with the country’s most successful businessman. The economy may be the loser.
Banking group Absa is transferring 32 members of its enterprise resource planning software team to Dimension Data.
Vodacom pumped an additional R500-million into its network in the first quarter of its 2021 financial year to help cater for surging demand for voice and data services during the Covid-19 lockdown.
Telkom is stepping up plans to remove copper from its network and will no longer offer copper-based digital subscriber line services in areas where it has deployed fibre.
Fibre industry lobby group FTTx Council Africa announced on Wednesday that it is rebranding as the Digital Council Africa to reach a broader audience.
Samsung Electronics said it will start selling an upgraded version of its compact foldable smartphone with 5G networking, called the Galaxy Z Flip 5G, on 7 August.
South Africa’s benchmark equities index is set to erase its 2020 drop, staging a spectacular snap-back from its March trough following a surge in shares of market heavyweight Naspers.