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Tag: NQOBILE DLUDLA

Business / Companies

Pick n Pay Expands Loyalty Program in Strategic Partnership with FNB

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

Pick n Pay is expanding its rewards program with FNB to attract customers and improve performance after losing market share. The new initiative allows all FNB customers to earn up …

Pick n Pay Expands Loyalty Program in Strategic Partnership with FNB Read More
Business / Companies / economics

MTN Group Reports Significant Profit Decline Amid Currency Challenges

March 17, 2025March 17, 2025 - by Carmen Mendez - Leave a Comment

MTN Group has reported a 68.9% decline in annual profit due to Nigerian currency devaluation and operational issues in Sudan, with headline earnings per share dropping significantly. However, it has …

MTN Group Reports Significant Profit Decline Amid Currency Challenges Read More
Business / Companies / economics

MTN Group Reports 68.9% Decline in Annual Profits Amid Currency Devaluation

March 17, 2025March 17, 2025 - by Marcus Chen - Leave a Comment

MTN Group announced a 68.9% decline in annual profits due to currency devaluation in Nigeria and operational challenges in Sudan, with earnings per share falling to 98 cents. Despite this …

MTN Group Reports 68.9% Decline in Annual Profits Amid Currency Devaluation Read More
Business / Companies

Standard Bank Reports 4% Increase in Annual Profit

March 13, 2025March 13, 2025 - by Liam Nguyen - Leave a Comment

Standard Bank has reported a 4% rise in annual profit to 44.5 billion rand ($2.42 billion) for the year ending December 31. The bank has also declared a final dividend …

Standard Bank Reports 4% Increase in Annual Profit Read More
Technology

Microsoft to Invest 5.4 Billion Rand in AI Infrastructure in South Africa

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

Microsoft is set to invest 5.4 billion rand ($296.81 million) in South Africa’s AI infrastructure, a move announced by Vice Chair Brad Smith. This investment aims to bolster technological development …

Microsoft to Invest 5.4 Billion Rand in AI Infrastructure in South Africa Read More
Business / Companies / economics

FirstRand Reports 10% Increase in First-Half Earnings

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

FirstRand Ltd reported a 10% rise in first-half earnings to 20.9 billion rand, supported by improved credit performance. The bank announced an interim dividend of 219 cents per share, up …

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Business

RCL Foods Achieves 38.8% Increase in Half-Year Earnings

March 3, 2025March 3, 2025 - by Marcus Chen - Leave a Comment

RCL Foods reported a remarkable 38.8% increase in half-year earnings, driven by its groceries and baking divisions. Headline earnings per share rose to 109.4 South African cents from 78.8 cents …

RCL Foods Achieves 38.8% Increase in Half-Year Earnings Read More
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economics

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