Blue Label warns of earnings drop

Blue Label Telecoms has advised shareholders that basic, headline and core headline earnings per share for the year ended 31 May 2023 will decrease by more than 20% in comparison to the year ended 31 May 2022. Earnings per share will drop by between 72% and 76%;...

SAP GROW accelerates cloud adoption for SMEs

SAP Africa announced the South African launch of GROW with SAP, a new offering to help midsize customers adopt cloud ERP that enables speed, predictability and continuous innovation. GROW with SAP customers get the same best practices powering the world’s...

Record number of fintechs enter Ecobank Challenge

More than 1 400 fintech startups from 64 countries across Africa and beyond applied for this year’s Ecobank Fintech Challenge, with eight of them making the cut to the final where they will compete for the ultimate prize. This is the sixth edition of this...

Marketing leaders shift to genAI

Sixty-three percent of marketing leaders are planning to invest in generative AI in the next 24 months according to a survey from Gartner. Slightly more than half of respondents (56%) see greater reward than risk in generative AI. A Gartner survey of 405 marketing...

SABS warns about self-appointed regulators, watchdogs

The South African Bureau of Standards (SABS) has noticed an increasing trend of some associations and industry bodies trying to derail the credibility of the SABS and creating confusion by publishing misleading information about their authority to regulate or govern...

IBM, VMware collaborate to modernise workloads

Enterprises have embraced hybrid cloud to deliver agility and drive their digital transformation. This requires enterprises to be able to run workloads and applications across more than one environment, and often multiple clouds. Yet at the same time, many...