financial

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Job cuts hit Dimension Data

The IT services company lays off staff as it "restructures to meet operational and business requirements".

Retrenchments are always a last resort, says Grant Bodley, CEO of Dimension Data Middle East and Africa.

Financial

Organic growth pushes Blue Label forward

The group's participation in the recapitalisation of Cell C is "progressing positively" as earnings rise strongly through organic growth.

Financial

MTN creates new R10bn BEE scheme

MTN Zakhele Futhi will provide an investment vehicle for black investors ahead of MTN Zakhele's contractual unwinding in November.

Financial

Broadband Infraco must be sold or privatised

The struggling company will remain a financial burden on the state unless government makes another plan, say analysts.

Reuters

Uber lost $1.27bn in first half of 2016

The firm reportedly lost at least $1.27 billion before interest, taxes, depreciation and amortisation in the first six months of 2016.

Reuters

Global fintech hubs to form federation

Financial technology groups from more than 20 cities across the world plan to create a federation of fintech hubs.

Financial

Broadband Infraco upbeat despite losses

The state-owned company reduced losses to R91 million for the 2015/2016 financial year, compared to the previous R245 million loss.

Telecoms

Enterprise mobility management poses many challenges

Understanding objectives of EMM implementation will help organisations calculate the costs, return on investment and the security risks involved, say experts.

Financial

Blue Label-Cell C deal 'on track'

The group's acquisition of a 35% stake in the mobile operator is progressing and Blue Label's CEOs don't expect any surprises.



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