MTN Group sees revenue, subscriber growth in Q1
The Pan-African mobile operator announced its Q1 financial results today, saying it now has 297 million customers in the 16 markets in which it operates.
financial
Netflix Q1 results top expectations as streamer stops reporting subscriber counts
Netflix Q1 revenue rose 12.5% to $10.54B, with EPS at $6.61 and a 31.7% operating margin. The streamer will no longer report subscriber counts, shifting focus to financials and engagement.
xAI acquires X in a deal that secures the app’s immediate future
Okay, anybody who’s been closely watching the slow-speed financial crash of Twitter/X probably knew that Elon Musk was eventually going to find a way to funnel money from his xAI startup into the troubled app.
WPP’s Read: GroupM key to closing ‘growth gap’
WPP CEO Mark Read took a nearly 15% cut in pay last year for failing to achieve targeted financial goals for the period, according to WPP’s annual report for 2024 which was issued this week.
How South Africa’s Gen Z is redefining financial wellness
Insights from KLA and YouGov Profiles highlight how young South Africans manage money, embrace mobile banking, and leverage digital payments and online earning opportunities.
Publicis set to be largest advertising company in FY24
Publicis has grown ahead of the competition thanks to acquisitions and more new business, the company has told financial markets, as it closes in on being the largest ad company on earth.
SABC TV Licence levy for cellphones proposed
The South African Broadcasting Corporation (SABC) is on the brink of financial disaster, and controversial solutions have been proposed to transform its funding model and save it from collapse.