An African fintech with 53 million monthly users could end London’s long drought in new listings.
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The Labat board overlooked the effect of a 900-million-share issue on the promised payout.
AMD touched a $1-trillion valuation for the first time as investors bet AI spending is still expanding.
Remgro’s results give the fullest look at Maziv’s performance with Vodacom’s fibre infrastructure inside it.
The DFC’s largest-ever equity investment will fund Wiocc’s undersea cables, fibre and African data centres.
JSE-listed fintech Optasia’s own full-year target implies second-half revenue could come in well below the first half.
Nvidia has taken about 90% of MediaTek’s record convertible bond issue, its biggest investment outside America.
Revenue is growing again, but the bill for replacing US technology is showing up in Huawei’s margins.
The JSE has suspended Labat Africa’s shares after it failed to pay its maiden dividend on time.
R46.2-billion of prepaid electricity moved through the group in the year to May, up 4%. The commission it earned fell 13%.