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Tag: africa
Anheuser-Busch InBev takes US$2.5bn South Africa Q2 write-down - results
2020-07-30 13:02:00| Daily beverage news and comment - from just-drinks.com
Anheuser-Busch InBev has said improved volumes across Q2 gives it confidence for global beer despite a US$2.5bn write-down in South Africa.
Tags: results
south
takes
africa
Airtel Africa revenue rises 7% in Q1, customer base up by 12%
2020-07-24 09:24:00| Telecompaper Headlines
(Telecompaper) Airtel Africa said its revenues increased by 6.9 percent to USD 851 million in the first three months to 30 June from USD 796 million in the same period of 2019 with constant currency revenue growth of 13 percent, which was partially offset by devaluation mainly in Nigeria (6.9%), Zambia (28.3%) and Kenya (4.4%). The revenue growth was largely driven by the growth of the customer base by 11.8 percent to 111.5 million and ARPU growth of 1.6 percent in constant currency.
Vodacom Group revenue up 5.6% in Q1 on growth in South Africa
2020-07-23 09:25:00| Telecompaper Headlines
(Telecompaper) Vodacom Group revenue increased by 5.6 percent to ZAR 22.73 billion in the first quarter to 30 June. The mobile operator said it saw strong growth in South Africa as customer demand rose during the lockdown, but international operations were hit by lower economic activity because of Covid-19. Service revenue climbed 7.6 percent to ZAR 18.76 billion. The temporary spectrum assignment in South Africa allowed Vodacom to fast-track the launch of the country's first mobile 5G network and a fixed 5G commercial service.
Tags: group
south
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africa
Axalta Showcases Responses to Changing Collision Repair Landscape at IBISConnect Africa 2020
2020-07-22 12:00:00| Coatings World Breaking News
Tags: africa
changing
repair
responses
MTN launches first 5G network at 100 sites in South Africa
2020-06-30 17:08:00| Telecompaper Headlines
(Telecompaper) MTN South Africa has officially launched its 5G network, a first for its 21 operations across Africa and the Middle East. The 5G network covers areas of Johannesburg and Cape Town, as well as Bloemfontein and Port Elizabeth.
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