Aug 11, 2023
Huawei has announced its business results for the first half of 2023, with overall performance in line with forecasts. In 2023 H1, Huawei generated CNY310,9-billion in revenue, with a year-on-year increase of 3,1% and a net profit margin of 15%. The company’s...
Aug 11, 2023
Vertiv Holdings has reported second quarter net sales of $1,734billion, an increase of $335-million, or 24%, compared with last year’s second quarter and a 25% organic net sales increase, which excludes the impact of foreign currency. Foreign currency negatively...
Aug 3, 2023
Most nascent entrepreneurs raise funding from a combination of savings, goodwill of family and friends and angel investors to convert their idea into a prototype or a minimum viable product (MVP). For entrepreneurs from historically disadvantaged backgrounds (HDPs) in...
Aug 3, 2023
The Johannesburg Stock Exchange (JSE) reported double-digit earnings growth despite macro-economic and market headwinds in the first half of 2023. The bourse achieved a 10% year-on-year increase in net profit after tax (NPAT), reaching R493-million and posted 12%...
Aug 3, 2023
AI conversational player Druid has announced a strategic partnership with MoData, a supplier of AI-powered customer engagement, fintech and data-driven financial applications. The collaboration aims to blend Druid’s conversational AI capabilities with...
Aug 2, 2023
SolarAfrica and Starsight Energy have announced the completion of their merger to create a pan-African renewable energy solutions provider. The merged group consists of an installed and contracted portfolio of 520MW in solar power generation and 60MWh of battery...
