Net revenue for the first quarter of fiscal year 2015 was $1.49 billion, and GAAP net income was $88 million.
The ratings agency drops the media house to junk, and no longer views it as investment grade.
Exclusive data reveals that miners dug themselves deeper into over-indebtedness during the recent strike.
The company's sudden retirement of its CFO in the midst of disciplinary proceedings adds to recent governance concerns around its leadership.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Pinnacle says headline earnings per share could be as much as 22c lower.
The operator is still trying to repatriate more than R4 billion from Iran, which continues to be under sanction.
The mobile operator ponders another round of job cuts to bolster margins at its local unit.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The operator lost market share in the first half of the year, dropping 2.7 percentage points, to 31.9%.
While MTN's local earnings were affected by lower voice and interconnect revenue, it saw overall "good growth" during the six months to 30 June.
SilverBridge has introduced a tool that will help organisations reduce risk during IT projects.
The Development Bank of Southern Africa inks a R1.4?billion finance contract with the European Investment Bank.
Wishlist Corporation has introduced an accurate sales and opportunity forecasting application.