Huge revenue increase for EOH

EOH has announced that revenue increased by 39,4% to R4,61-billion (2014: R3,308-billion) for the six months ended 31 January 2015. Profit after tax increased by 37,7% to R340-million, headline earnings per share (HEPS) increased by 26,4% to R290,1 cents and cash...

Regional PC sales continue to climb

The Middle East and Africa (MEA) PC market posted its third successive quarter of year-on-year growth in Q4 2014, continuing its recovery from the seven consecutive quarterly declines it experienced leading up to Q2 2014. The latest figures from International Data...

Vox, YahClick to connect SKA communities

Click YahClick, the satellite broadband service of UAE headquartered Yahsat, in conjunction with Vox Telecom, has won the Square Kilometre Array (SKA) project tender in South Africa. This will see YahClick delivering voice and data services in the country’s Northern...

Mining improves on the back of ICT spend

The South African mining industry has experienced a significant decrease in profitability over the past two years. This decline is primarily the result of rising energy costs, labour unrest, the demand for increased wages, and older and deeper mines resulting in...

Pinnacle increases revenue, but profit down

Pinnacle Holdings has reported revenue of R3,6-billion for the six months ended 31 December 2015. However, gross profit was down 2,3% on margins of 14,4%. For the period, headline earnings were down 17% to R125-million, with headline earnings per share (HEPS) down 16%...

SAP attains 30% BBBEE equity in SA

SAP South Africa is to issue 19,5% of its shares to a broad-based black economic empowerment (BBBEE) Trust that will distribute dividends to beneficiaries who will use the funds to cover education costs at accredited institutions. By using these dividends for...