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Tag: africa
RSCC and Romantis to create DTH platform for Africa
2014-11-10 13:00:47| Digital TV News
Russian Satellite Communications Company (RSCC) and Romantis have announced that they are creating a DTH TV platform with African coverage. The package will enable broadcasters to launch national and regional TV programs across Africa.
Tags: create
africa
platform
dth
South Africa: 'SAA Needs Cash Injection'
2014-11-10 11:17:51| Airlines - Topix.net
The Portfolio Committee on Public Enterprises conducted an oversight visit to South African Airways , a state-owned company, earlier today. The visit to the airline was for members of the Committee to understand the challenges that SAA is facing, in particular relating to governance instability, the resignation of board members and suspension of the Chief Executive Officer and financial difficulties that the company is experiencing.
Tags: south
cash
africa
south africa
Vodacom profits hurt by MTR cuts in South Africa
2014-11-10 08:56:00| Telecompaper Headlines
(Telecompaper) Vodacom Group reported a 2.3 percent increase in its revenue for the six months to September to ZAR 37.54 billion. Sales were buoyed by equipment revenue, which contributed 17.1 percent of group revenue compared to 16.7 percent a year ago. Active customers grew by 13.3 percent year-on-year to 61 million at 30 September. Headline EPS declined 5.5 percent to ZAR 4.15, mainly the result of termination rate cuts in South Africa, as well as increased depreciation as a result of accelerated capital investments. EBITDA declined 1.7 percent to ZAR 12.99 billion, and the EBITDA margin contracted 1.4 percent points to 34.6 percent. Capital expenditure rose 21.3 percent from a year ago to ZAR 5.88 billion. The company said it expects conditions to remain challenging in the short-term, particularly in South Africa where the continued impact of lower mobile termination rates, constrained consumer spend, and intense competitive pressure are all factors. In the international markets, particularly Tanzania and the DRC, continued pricing pressure is also likely to have an impact. However, Vodacom said positive trends in the adoption of smart devices and data usage will help to offset this, as will the ongoing focus on reducing operating expenditure.
Wool Prices in Australia, South Africa and New Zealand (Weekly Report)
2014-11-07 22:05:04| EmergingTextiles.com
Wool prices rose in A$ terms this week, thanks to a decline of the Aussie currency having boosted foreign demand. Our weekly report delivers a comprehensive view of wool prices in Australia, with a long list of micron types in A$, US$ and euro terms. Historical charts are also available, such as downloadable historical data. A glimpse on the New Zealand and South African markets is provided.
Tags: report
south
prices
australia
Hershey CEO Appointed to Presidential Council on Africa
2014-11-07 17:12:00| Food Processing
J.P. Bilbrey joins Obamas Advisory Council to advancing business priorities in Africa.
Tags: africa
council
ceo
appointed
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