Despite total revenue dropping 29% to R4.4 billion from R6.2 billion, EOH reported an improvement in headline earnings, which grew 83% during the six months to end January 2021. During the period, customers delayed spend on large planned IT projects, particularly in the hardware space, which negatively affected revenue. The company, which has been going through...
Day: <span>19 April 2021</span>
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Coinbase CEO sold his $291.8 million Shares on Opening day
Coinbase Chief Executive Armstrong sold $291.8 million in shares on opening day. According to Reuters, Coinbase Chief Executive Brian Armstrong sold about $292 million in shares in total during the cryptocurrency exchange’s first day of trading on the Nasdaq in the past week, according to regulatory filings. Armstrong sold 749,999 shares in three batches at prices...
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Top Tech Companies Driving Africa’s Growth – Africa Tech Week
Enhancing Tech-Parity Across Africa On May 5th and 6th, Topco Media and partners will be presenting a robust networking experience aimed at kick-starting economic growth in Africa, using technology. Africa Tech Week is alive with gleaming opportunities to shape fruitful connections, forge clearer paths to digital transformation and inspire collective and personal growth. Enjoy the...
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Capitec Bank Financial year Results for 2021
Against the backdrop of the impact of COVID-19 on the South African economy, Capitec Bank declared an increase in headline earnings of 18% to R3,9 billion during the last six months of its annual period up to end February 2021, however, as a result of the first six months of COVID impact on operations, its...
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Clubhouse Closes new round of Funding, now the Company worth $4 billion
Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on Sunday, without disclosing the amount raised. A source familiar with the matter confirmed to Reuters that the new financing would value the company at $4 billion. The social media app said the new round of...