S.Africa’s Cell C aims to boost mobile market share

S.Africa’s Cell C aims to boost mobile market share

JOHANNESBURG (Reuters) – South Africa’s third-largest mobile phone operator, Cell C, is adding about 700,000 new subscribers a month after sharp price cuts to take market share from bigger rivals MTN and Vodacom, its newly appointed head said on Monday. The unlisted company, in which Saudi Telecom has an indirect stake, plans to have up […]

Guinness Nigeria full-year pre-tax profit down 19.5 pct

Guinness Nigeria full-year pre-tax profit down 19.5 pct

LAGOS (Reuters) – Nigeria’s Guinness, a unit of Diageo, said on Monday its full-year pre-tax profit to June dropped by 19.48 percent to 21.07 billion naira, from 26.17 billion naira the previous year. Sweetening the bad news, it also said shareholders will get a dividend of 8.0 naira per share or one bonus share for […]