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Tag: outlook

MTN South Africa cuts revenue outlook as competition bites
  • Tech

MTN South Africa cuts revenue outlook as competition bites

eriinfo.com10 months ago05 mins

MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest of Africa. The business “continues to navigate an environment characterised by elevated competitive intensity and ongoing pressure on consumers”, MTN Group said in its…

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Puma shares plunge 15% after full-year sales, profit outlook cut on U.S. tariffs
  • World News

Puma shares plunge 15% after full-year sales, profit outlook cut on U.S. tariffs

eriinfo.com11 months ago05 mins

Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted as much as 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on…

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  • Africa: When Global Trade Becomes a Weapon, How Can African Economies Protect Themselves?
  • Africa: ‘The True Cost of Peace’ – UN Honours Fallen Peacekeepers As Dangers Mount
  • Iran and Israel say attacks halted after Trump tells both to “stop ‘shooting'” on war’s 101st day
  • ‘A Bentley of the bush and a car that swims’
  • Africa, China Media Groups Join Nampa Conference
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