Book Purchasing Reaches Digital Tipping Point

New research from Deloitte on attitudes to the consumption of media shows that the average UK household spends £900 on media a year, with one off purchases such as books, DVDs and newspapers representing 52% of their total media spend. The new report ‘The...

Eskom net profit rises

Electricity parastatal, Eskom, on Friday reported a net profit of R7.1 billion for the year ended 31 March 2014 – up from R5.2 billion in the previous year. The utility reported a R2.1 billion gain on derivatives. The surplus will be reinvested in the company in...

Determined to end poverty, create jobs

The Limpopo provincial government has committed to eradicate poverty, create jobs and reduce inequality. “We have entered a phase in our transition that requires decisive steps to help eradicate poverty, create jobs and reduce inequality. “This government is committed...

Microsoft to cut jobs

Microsoft is to cut up to 18,000 jobs marking the deepest cuts in the technology firm’s 39-year history. The bulk of the cuts, around 12,500, will be in its phone unit Nokia, which Microsoft bought in April, the firm said. Microsoft pledged to cut $ 600m...

Orange signs an agreement with Africell

Orange signs an agreement with Africell for the sale of its stake in Orange Uganda Orange Uganda, which was created in 2008, is the third telecoms operator in Uganda and had 620,000 clients at the end of December 2013 KAMPALA, Uganda – In the framework of a...

Learners’ idea strikes gold

Mbombela – A group of innovative learners, who came up with an idea to install sensors in visually impaired people’s walking sticks to help them navigate easily, has been crowned the winners of the Business Idea Generation Competition. Innovative Learners...