Prosus, the European-listed subsidiary of Naspers, has reported an 84% surge in full-year adjusted core profit. This milestone marks the first time the company’s consumer digital platforms have achieved simultaneous profitability across all operating regions. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: EV adoption in South Africa! The company’s digital services and e-commerce portfolio…
Cell C announced that it has achieved profitability for the financial year ending May 31, 2025, marking a significant turnaround in its financial performance. The news was revealed in the annual results released by its owner, Blue Label Telecoms. While the mobile operator reported a net profit after tax of R2.2 billion, it remains technically…
Technology investor Naspers reported a significant improvement in its financial performance for the year ended 31 March 2025, driven by strong growth and improved profitability in its global e-commerce portfolio. Naspers’ logo is pictured on a smartphone in this illustration taken, 4 December 2021. Reuters/Dado Ruvic/Illustration Group core headline earnings rose 46% to $3.1bn, while…
