Telkom warns of reduced earnings

Telkom has issued a trading statement for the six months ended 30 September 2022, warning shareholders to expect a decrease in earnings. It says reported headline earnings per share (HEPS) and reported basic earnings per share (BEPS) are expected to decrease by...

Lebashe investment a shot in the arm for EOH

Lebashe Investment Group, EOH’s strategic partner since 2018, has signed irrevocable undertakings to follow its rights on the shares it currently owns, which represent 13,06% of the issued share capital, as well as invest further R100-million through a specific...

All the winners from the BCX Digital Innovation Awards

BCX has announced the winners of the Digital Innovation Awards 2022. “We believe that now, more than ever, South Africa is making strides towards embracing and participating in the fourth industrial revolution,” says Jonas Bogoshi, CEO of BCX. “The...

Positive outlook for climate technology

Climate tech funding in 2022 represented more than a quarter of every venture dollar invested in 2022, in the upper half of the 20% to 30% range observed since the start of 2018, according to PwC’s State of Climate Tech 2022 report. Investment in climate tech...

Manufacturing ransomware payments higher than other sectors

In a new sectoral survey report – The State of Ransomware in Manufacturing and Production – cybersecurity specialists Sophos has revealed that the sector had the highest average ransom payment across all sectors–$2 036 189 versus $812 360,...