Aradel Holdings Plc reported a significant increase in revenue and pre-tax profit for the nine months ended September 30, 2026. The company’s unaudited financial statements, released on October 30, 2026, showed strong performance driven by its crude oil and gas operations. Following these results, Aradel‘s board declared an interim dividend of N7.00 per share. The…
Elon Musk has confirmed that SpaceX and Tesla have established independent special committees to evaluate a potential combination of the two companies, sending SpaceX shares up 8% and Tesla shares up 1.8% in extended trading. Read: ASUS ROG Zephyrus Duo Review: Two-screen titan The official confirmation follows months of market speculation regarding an operational merger…
MultiChoice’s like-for-like revenue declined 3% during the nine months ending September 2026, primarily driven by softer subscription revenue in South Africa. The figures were detailed in a trading update by French media giant Canal+, which now consolidates MultiChoice within its global operations. Read: ASUS ROG Zephyrus Duo Review: Two-screen titan The revenue contraction showed signs…
4Sight Holdings grew revenue by 29.3% in the six months to August, but most of the growth came from reselling software at thin margins, and profit rose far more slowly. Revenue increased to R748.3-million from R578.7-million, the JSE-listed technology group said in its interim results on Thursday. Gross profit rose only 2.2% to R259.6-million, and…
MultiChoice’s revenue fell 3% on a like-for-like basis in the nine months to September, driven by lower subscription revenue in South Africa, its French owner Canal+ said on Thursday. The decline eased in the third quarter to 2% year on year, from 3.4% in the first half, which Canal+ attributed partly to “favourable comparison effects…
Tertius Zitzke, Group CEO of 4Sight Holdings. South African technology group 4Sight Holdings has reported a 29.3% increase in revenue to R748.3 million for the six months ended 31 August, as it steps up its artificial intelligence (AI) strategy and expands its software-as-a-service (SaaS) business. The JSE-listed group’s unaudited interim results for the first half…
Canal+ is implementing a turnaround plan for MultiChoice. (Image source: Canal+) MultiChoice’s revenue declined 3% on a like-for-like basis in the first nine months of 2026, as new owner Canal+ works to turn around the African pay-TV group following its acquisition. In a trading update for the nine months ended 30 September, Canal+ reported that…
Apple‘s iPhone Duo, its most expensive iPhone ever, went up for preorder Friday, with launch-day pickup inventory selling out and some online delivery estimates already slipping into late January. The company said in a statement that the preorder demand was “nothing short of extraordinary.” “We are working hard to get this revolutionary new product into…
Bidders for the Home Affairs revenue administration system must plan and price for a larger, two‑tier footprint of 275 fixed sites and 230 mobile units. It a good week for the hardware sector on National Treasury’s eTenders Portal, as several large public sector institutions look to address equipment requirements. The Department of Home Affairs takes…
Eskom reported a R30.3-billion profit for the year to 31 March, but a larger sum than that never reached the income statement at all. Outgoing group chief financial officer Calib Cassim set out the arithmetic at Monday’s results presentation. Eskom, he said, lost 13.1TWh of electricity to theft during the year – power that was…
