Company News
MultiChoice Zambia Partners with MTN Mobile Money
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Visa Opens its First African Innovation Studio in Kenya
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UPS Partners with Jumia to Expand its Logistics in Africa
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Equinix Expands to Africa After Buying Nigerian Data Centre Firm for $320M
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Exclusive Networks – Full Year 2021 Financial Results
Full Year Reported Gross Sales at €3.3 billion up 15.1%(1) year over year Full Year Adjusted EBITA €119.2 million up 10.0%(1) year over year Full Year Adjusted Net Income €72.6 million up 85.1% year over year ▪ Successful execution against the strategy as outlined at IPO ▪ Delivered on 2021 sales growth and earnings and upgrading 2022 outlook ▪ Strongly positioned to capitalise on the growth opportunities in the cybersecurity market ▪ Proposed dividend: €0.20 per share payable in cash (1) Including Veracomp in 2020. Veracomp acquired on D...
Huawei Pays Out $9.65-Billion to Staff
Image sourced from Notebook Check. Chinese multinational tech conglomerate Huawei has paid out dividends totaling $9.65-billion to its current and retired staff in its employee shareholder scheme, the Shanghai Clearing House said. Some 131,507 current and former workers are involved in the shareholder scheme, according to the company’s 2021 annual report released last week, Reuters reported. The filing that was published on Saturday doesn’t break down the dividends, according to reports. Huawei’s full-year revenue dropped 29% to 636.8 billion yuan ($100-billion) last year due to the sanctions imposed by the US on the company. The company’s net profit jumped by 76% which was mainly because of the sale of its budget-brand smartphone unit Honor. The US imposed trade restrictions on Huawei thr...
Elon Musk Buys 9.2% of Twitter, Considers Own Social Media Company
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You Can Now Translate To & From isiZulu Across the Entire Microsoft Ecosystem
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Microsoft Involved in Alleged Widespread Corruption in Africa, says Whistleblower
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Kenyatta Unveils Microsoft’s New $27-Million Development Centre in Nairobi
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Netflix to Invest $62-Million into SA Film Productions
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Netflix Scholarship Applications Now Open for East African Students
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