profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48 per cent,MultiChoice Group demonstrated resilient operational performance for the year ended March 2024, delivering a 26 per cent trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48 per cent, despite very challenging macro-economic conditions.
However, on a reported basis, subscription revenues declined by seven per cent due to a weaker Naira. In terms of adjusted core headline earnings, higher realised hedging gains and benefits from a narrower gap between official and parallel Naira rate, was more than offset by the weaker trading profitability, resulting in adjusted core headline earnings decreasing by 20% to ZAR1.3 billion.
profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48 per cent, The Federal Road Safety Corps has rescued 25 road traffic crash victims alive from the avoidable road traffic crash that occured at Ugwu Onyeama on the Enugu-Onitsha expressway on 11 June, 2024 at 1900HRS. Corps Commander, Corps Public Education Officer, Olusegun Ogungbemide who disclosed this in a statement on Wednesday in Abuja noted that…
Some rights activists and followers of late Chief MKO Abiola on Wednesday appealed to President Bola Tinubu to declare the acclaimed winner of the June 12 1993 Presidential Election as ex-President. They spoke at the “2024 Memorial Programme for the Commemoration of June 12, 1993 Election” in Lagos. The event was organised by the Committee…