Remgro has reported that Vumatel and DFA have seen substantial increases in earnings during the past six months.
Remgro has reported that Vumatel’s revenue jumped 31.7% to R1.438 billion between 1 July 2021 and 31 December 2021.
Vumatel’s underlying operating earnings increased by 63% to R484 million for the six months to 30 September 2021, up from R297 million in September 2020. DFA’s revenue increased by 18.2% to R1.404 billion, mainly due to annuity income increasing to R192 million per month at 30 September 2021. “Vumatel remains a growth asset for the group as it continues infrastructure expansion into identified lower Living Standards Measure areas and accelerating connections in both its traditional core network and lower LSM areas.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mamelodi Sundowns win PSL Q2 prize money worth R1.5 million!Mamelodi Sundowns win PSL Q2 prize money worth R1.5 million! Mamelodi Sundowns have won their second successive Q-Innovation prize money following their impressive run over seven league games.
Read more »
Post office plans R250m spend on marketing, wants R1.6bn bailoutCommunications minister Khumbudzo Ntshavheni has defended plans by the bankrupt SA Post Office to spend R250m on marketing activities in the next three years while it's battling to pay its mounting debts.
Read more »
Post office plans R250m spend on marketing, wants R1.6bn bailoutCommunications minister Khumbudzo Ntshavheni has defended plans by the bankrupt SA Post Office to spend R250m on marketing activities in the next three years while it's battling to pay its mounting debts.
Read more »
South Africa‘s own ‘Tinder Swindler‘, woman conned out of R1.9 million by ‘Mr Grey‘Is it the season of the swindler? South Africa has been engrossed in the sordid tales of con artists such as Tasneem Moosa, who allegedly managed to take off with approximately R34.2 million in holidaymakers’ hard-earned cash. However, getting defrauded is nothing new, especially when it comes to matters of the heart. The Netflix documentary, The Tinder Swindler proved that people would... Read more →
Read more »
Expert appointed to assess Angelo Agrizzi’s health as his R1.8bn case heads to high courtExpert appointed to assess Angelo Agrizzi’s health as his R1.8bn case heads to high court - The former Bosasa chief executive and three co-accused face fraud, corruption and money laundering charges
Read more »