Tag: losses
Showmax reports US$141 million in trading losses
Showmax, the MultiChoice Group-owned pan-African streaming service that was revamped and relaunched earlier this year, has reported trading losses of $141.3 million for the...
MTN Nigeria loses US$620.6 million in one week
MTN Nigeria has reportedly posted a significant loss of approximately N982 billion (US$620.6 million) by the close of weekly trading, positioning it as the...
BoG Board members receive GH¢510k each as allowances while Bank records...
Each of the 10 board members of the Bank of Ghana (BoG) took home GH¢510,000 in allowances last year despite presiding over a GH¢60...
Apple top line suffer $6billion hit by supply constraints
Apple took a $6 billion hit on revenue due to a global chip crisis and manufacturing disruption caused by Covid-19.
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Jumia records losses in Q2
African e-commerce giant Jumia today has its second-quarter financial performance, showing continued losses.Â
The company recorded a decline in operating losses and adjusted EBITDA in...