Pinnacle earnings decline as revenue grows

Pinnacle Holdings has issued a trading statement alerting shareholders to the likelihood of its earnings declining for the six months to 31 December, despite an increase in revenue. Revenue is expected to grow 14% to 15% but headline earnings will likely be down 16%...

Blue Label increases revenue, earnings

Blue Label Telecoms has increased its headline earnings per share by 15% to 42.73 cents for the six months ended 30 November 2014. The growth was achieved in spite of the group’s share of losses in Blue Label Mexico increasing by R14,5-million, which negatively...

Standard Bank ready for smartcard ID rollout

Standard Bank has confirmed that it will roll out new smartcard IDs at branches countrywide, as announced by the Minister of Home Affairs, Malusi Gigaba, earlier this week. Sibongiseni Ngundze, head of retail banking at Standard Bank, says: “We always aim to put our customer at the heart of our operation. This form of public and private collaboration marks a move to cement our strategy of becoming a truly innovative customer-centric institution.”

Guma plans to buy, delist Gijima

Guma plans to buy, delist Gijima

Yebo Guma Investments has made an offer to acquire all of Gijima’s shares, following which it plans to delist the company from the JSE Securities Exchange. Guma has made an offer to acquire all of the remaining shares in the issued ordinary share capital of Gijima, being 6 930 389 Gijima shares.

SAP’s HANA brings live World Cup info home

The International Cricket Council (ICC) has partnered with SAP as its exclusive analytics and cloud partner for the Cricket World Cup tournament, using the in-memory HANA platform to power live match experiences across the ICC’s network of Web sites.

Tech sector boasts the most valuable brands

Technology companies once again dominate the list of the world’s most valuable brands. Apple is the most valuable brand in the latest listing by Brand Finance. Although not quite on a par with Ferrari or Lego in terms of brand strength, Apple still has a very powerful...