Black shareholders oppose Vodacom’s $2.3-billion payout to ‘Please Call Me’ inventor Nkosana Makate
Nkosana Makate, inventor of the “Please Call Me” service, faces a new setback in his legal battle against Vodacom Group.
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Italtile’s market surge boosts Ravazzotti’s net worth by $24.82 million in just 15 days.
Vodacom posts $4.1-billion revenue in H1 2024
Despite this growth, profitability faced challenges due to currency fluctuations in key markets such as Egypt and Ethiopia, which put pressure on service revenue.
Sibanye-Stillwater secures wage deal with South African gold workers
The deal, announced on Monday, concludes negotiations that began on July 1, 2024, with labor unions representing workers at the Beatrix, Driefontein, and Kloof mines.
Investec targets $1.7-billion market expansion
Investec is positioning itself for a $1.7-billion market expansion by enhancing its business banking unit with a new payments system for corporate clients.
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IDH revenue reaches $83 million in first nine months of 2024
Revenue for the period grew from $61.54 million in 2023 to $82.76 million in 2024, a 9 percent increase.
Craig Arnold makes $24 million from Eaton stake
The recent surge builds on an earlier gain of $43.57 million from Sept. 6 to Oct. 23, when the value of his holdings climbed from $210.04 million to $253.6 million.
Equity Group partners with DEG to launch German desk in East Africa
The initiative will focus on enhancing support for small and medium-sized enterprises (SMEs) in both regions.
Medhat Khalil loses $2.96 million from Raya Holding
Khalil holds a 17.99 percent majority stake in Raya Holding, equivalent to 385,208,477 shares.