Let’s stop pretending a "R0 salary" is an act of heroic sacrifice. It’s a hedge fund manager flogging a tired operational horse to inflate his own equity payout, while PR pieces ignore what’s actually happening on the ground.
1. He isn’t working for free, he’s working for his own stake...
This headline profit jump is a classic accounting trick.
Revenue is completely flat. Revenue grew by a pathetic 3% (R5.58B to R5.73B), which doesn't even keep pace with tech inflation or SLA cost increases.
Operating Cash Flow fell 44%. Go read the actual financial statements behind this press...
What an absolute joke of a headline. This is revisionist history, and it says a lot about how short memories are when it comes to Eskom.
Calling De Ruyter "zero" while hailing Marokane as a "hero" doesn't survive contact with the actual timeline. And honestly, the real timeline makes the...
Brace for .za price hikes, ZADNA management spends money like its going out of style.
https://mybroadband.co.za/forum/threads/zadna-announces-wholesale-price-hikes.1342407/
The "CPI-Linked" Myth: How a million-rand company credit card and luxury rental cars are driving your next .co.za price hike
So ZADNA wants us to swallow a 6.2% price hike because of a "predictable, CPI-linked methodology" that ensures a "secure, stable and resilient .za namespace"?
Let's...
Good morning all.
I hope the admins wont mind me sharing a site I made for the South African gaming community.
Its at https://zagaming.co.za/
If this is not allowed please remove.
I'm looking for ideas of what people would like to see on the site,
right now I'm showing the twitch streamer with...
iOCO’s trading update looks flashy on the surface, but the numbers don’t hold up to scrutiny:
“260% profit growth” is misleading : last year’s operating profit base was tiny (about R110 m), so tripling it to R395–420 m is less impressive when you recall EOH once posted billions in profit...