Telkom Looking for SA’s Content Creators To Feature On Its New Video Service, TelkomONE

Telkom is looking for fresh local content creators to contribute content to and have it featured on its new video service called TelkomONE -...

Latest Posts

How to Spot Fake and Unlicensed Online Bookmakers

Demand for online betting significantly rose in recent years as more bettors find it more convenient to find good lines and place bets online....

Low-Cost Internet Pilot Project in Soweto Empowers Young People

FibrePoynt, Thabure Towerco and Phuthanang Youth Trust have installed a pilot network in Central Western Jabavu, Soweto. The pilot network offers the high-density township,...

Telkom Unveils Its New FreeMe Share Plans Targeting Data Users

Telkom has launched FreeMe Share Plans, a shared data plan that allows multiple SIMs to share a single data plan. The company said in a...

Dlamini-Zuma Asked To Provide Reasons For Extending Lockdown – or see you in court.

DearSA attorneys Hurter Spies this week sent a letter  to Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma asking her to provide reasons why she...

Fortune names SA’s Net1 one of the ‘100 fastest growing companies”

South Africa’s Net1 UEPS Technologies, which facilitates payments between institutions and individuals without easy access to banking services, announced on Tuesday that it has been ranked on Fortune’s 100 Fastest-Growing Companies list for 2015. By Staff Writer


 

The Fortune magazine’s annual list of 100 Fastest-Growing Companies focuses on public companies with the most stellar three-year profit, revenue, and stock growth.

“I am very proud of our maiden inclusion in Fortune’s 100 Fastest Growing Companies list,” said Serge Belamant, chairman and CEO of Net1. “Our ranking in the top 100 affirms the efforts of the Net1 global team over the last three years and I look forward to sustaining the momentum as we diversify our activities.”

Fortune’s methodology includes companies that have posted an annualized growth in revenue and earnings per share (EPS) of at least 15% annually over the three years ended on or before April 30, 2015. Companies that meet these criteria are ranked by revenue growth rate, EPS growth rate and three-year annualized total return for the period ended June 30, 2015.

Net1 ranked 60th for EPS growth, 91st for revenue growth, 78th for total return and 99th overall.

The company that is valued at more than R13 billion also owns Zazoo, one of the fastest technology business that is expanding in the UK, India and the US.

The company has seen Zazoo’s global footprint expanding into 12 African countries, and it also has a presence in Colombia, India, Spain, South Korea, the Philippines, the UK and the US.

Zazoo plans to take Net1’s patented technology, such as mobile virtual card (MVC) payment app and soon-to-be launched Biometric Variable PIN, to new markets, using London as a convenient hub from which to coordinate all its global deals.

 

Latest Posts

How to Spot Fake and Unlicensed Online Bookmakers

Demand for online betting significantly rose in recent years as more bettors find it more convenient to find good lines and place bets online....

Low-Cost Internet Pilot Project in Soweto Empowers Young People

FibrePoynt, Thabure Towerco and Phuthanang Youth Trust have installed a pilot network in Central Western Jabavu, Soweto. The pilot network offers the high-density township,...

Telkom Unveils Its New FreeMe Share Plans Targeting Data Users

Telkom has launched FreeMe Share Plans, a shared data plan that allows multiple SIMs to share a single data plan. The company said in a...

Dlamini-Zuma Asked To Provide Reasons For Extending Lockdown – or see you in court.

DearSA attorneys Hurter Spies this week sent a letter  to Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma asking her to provide reasons why she...

Don't Miss

SA’s AI Firm DataProphet Scoops Up Fourth Prestigious International Award

DataProphet, a South African in AI that enables manufacturers to step towards autonomous manufacturing, has been awarded the 2020 European Prescriptive for Autonomous Manufacturing...

South African Casino Operators Push For Online Casino Legislation

South African casino operators such as Tsogo Sun and Sun International are quietly pushing the government to pass legislation allowing online casinos to operate...

Cell C Loses Court Bid to Stop ICTU Strike Action

Cell C on Tuesday suffered another blow when the Labour Court in Johannesburg ruled that its application to interdict members of the Information Communications...

Africa’s First Adaptive Learning Online High School Launches

Prestigious, independent school, Bridge House and award-winning EdTech company, Digemy, have joined forces to create ConnectEd - the first Independent Examinations Board (IEB) curriculum...

Mercedes-Benz Gives Its EQC Electric vehicle The 4×4² Treatment

Mercedes-Benz has given its EQC electric vehicle the 4x4² treatment. The EQC 4x4² is an electric car of extremes. Mercedes-Benz wishes to test the...

Stay in touch

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: