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Nokia chief confident of hitting full year goals

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Nokia CEO Pekka Lundmark heralded a return to growth for the vendor’s mobile networks business during Q2, even though it experienced an ongoing impact...

Netflix loses almost a million subscribers in three months

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Streaming giant Netflix has announced in its 2022 Q2 financial results indicating that it lost over 970,000 subscribers in the 3 months period between April...

Vodacom revenue up 5.2% on resilient SA performance

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Vodacom Group on Thursday reported a 5.2% year-on-year improvement in quarterly revenue on the back of a “resilient” performance in its main market, South Africa,...

Jumia records losses in Q2

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African e-commerce giant Jumia today has its second-quarter financial performance, showing continued losses.  The company recorded a decline in operating losses and adjusted EBITDA in...
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