Vodacom reports a 10.8% decline in headline earnings for the year ending in March, citing factors such as start-up losses in Ethiopia, higher finance costs, and increased energy costs as contributors to the profit decrease. While facing challenges in some areas, Vodacom’s acquisition in Egypt and a resilient performance in its largest market, South Africa, contributed to the overall revenue growth and demonstrated the company’s commitment to long-term growth and customer satisfaction.
Author: Staff Writer
Raubex Group reports a 21% increase in full-year headline earnings, driven by a surge in tender activity and an expansion of its order book.
The rising number of commercial crimes in South Africa demands immediate attention from businesses across the country. By implementing thorough employee vetting processes and robust internal controls, companies can significantly reduce their risk of falling victim to such crimes, writes Mukondeleli Masiza, Complex Claims Handler: Financial Lines, Liability and Cyber at Allianz Commercial South Africa. Whether one attributes it to the current state of the economy, the poor enforcement of relevant protocols and procedures, or the generally poor socio-economic circumstances that many citizens find themselves facing, one thing we can all certainly agree on is that in South Africa, crimes of…
Following the success of the Black Edition models, Audi South Africa introduces the Urban Edition for the Q3 and Q3 Sportback, offering a unique trim line between the Advanced and S line options. To explore more about the Audi Assured program and discover the exciting Q3 Urban Edition models, visit the official Audi South Africa website at www.audi.co.za.
WeBuyCars Holdings, listed on the JSE in April, reported a 26% rise in core headline earnings for the first half, defying a challenging trading environment marked by high interest rates and fuel costs.
The BMW 7 Series emerged as the winner of the 2024 SA Car of the Year (COTY) title, impressing jurors from the South African Guild of Mobility Journalists (SAGMJ) throughout the evaluation process.
The Audi driving experience is a meticulously designed, full-day programme that unleashes the potential of Audi driving technology.
The DStv Content Creator Awards 2024 is now accepting entries across a wide range of categories, celebrating the diverse talents shaping the content landscape.
Have you applied for business funding and not qualified? This is common according to alternate business funder GroWise Capital which says that almost 10% of prospective clients don’t meet basic criteria. Small businesses face intense challenges trying to access funding but can dramatically increase their chances of getting the vital funding they need. Jonti Strimling, co-founder and chief risk officer of GroWise Capital unpacks ways to improve your chances of business funding success. Identify the right funder for your business There are grants, bank loans, angel investors, venture capital firms, crowdfunding platforms and alternate business funders. Consider the funding source most suitable for…
Chery’s flagship models, the Tiggo 9 PHEV and Arrizo 8 PHEV, recently underwent a grueling 1214km endurance test to showcase their long-distance driving performance and alleviate any concerns about their range capabilities.