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Safaricom sees drop in Ethiopia licence bid price after govt restricts mobile money to domestic firms
2020-11-16 09:46:00| Telecompaper Headlines
(Telecompaper) Disclosures contained in a transcript call covering events to the end of July, said Business Daily, reveal that Safaricom sees a licence without mobile money hurting profitability and lengthening the period to recoup the investment. CEO Peter Ndegwa said a licenve that does not include a mobile money license will significantly reduce the level of profitability and therefore in essence, Safaricom's bid price for the licence but also the profitability and payback period.
EIA: US Power Use to Drop 3.6% in 2020 Due to Coronavirus
2020-11-11 16:55:12| OGI
The agency cites business closings as a result of lockdowns.
Saudi Aramco Reports Nearly 45% Drop in Quarterly Profit
2020-11-03 16:30:00| OGI
State oil giant Saudi Aramco on Nov. 3 reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.
Tags: reports
drop
profit
quarterly
Gildan books Q3 profit drop on weaker activewear sales
2020-10-29 14:09:00| Daily apparel & textile news and comment - from just-style.com
Canadian apparel maker Gildan Activewear has seen third-quarter profits plunge as the impact of Covid-19 continued to batter sales.
Enterprise Crude Volumes Drop 26.1% on Oil Price Plunge
2020-10-28 15:36:23| OGI
Third-quarter pipeline transport struggled after producers slashed production.
Tags: price
oil
drop
enterprise
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