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With 5 days before entries close for the 2019 Sanlam (https://www.Sanlam.com/) Financial Journalist of the Year Awards at midnight on 28 February, reporters practising financial journalism in Africa are encouraged to submit their best work for the competition.

 

The Awards, running for the 45th consecutive year, recognise the best financial reporting by reporters based in Africa, publishing or broadcasting commendable journalism about the continent. Representing the longest running awards dedicated to financial journalism in Africa, their objective is to support the development of journalism.

The Awards attract keen interest from journalists across the continent. In 2018, 78 journalists representing 58 media organisations submitted 97 entries.

Entrants must submit their submissions through Sanlam’s website: http://bit.ly/2VfcTdI

The African Growth Story category, which recognises the best journalism covering the significance of business and investment on the continent, is open to financial journalists based in Africa who publish and/or broadcast their work on the region. Entries for this category must focus on the growth of the continent in terms of investment, infrastructure development, economic progress and related topics. Stories also should incorporate a continental outlook.

Previous winners of the African Growth Story category include Isaac Anyaogu of Business Day in Nigeria (2018), Dominic Omondi of The Standard newspaper in Kenya (2017), and Ancillar Mangena of Forbes Africa in South Africa (2016).

The other categories are open to journalists working in print, radio, TV and online media in South Africa. They are:

  • Business/Companies

  • Economy

  • Financial Markets

  • Consumer Financial Education

All five categories recognise financial journalists who produced compelling business stories between 1 January and 30 December 2019.

Additionally, the judging panel bestows special awards, which are:

  • Best Newcomer;

  • Lifetime Achievement; and

  • Sanlam Financial Journalist of the Year.

The Special Awards recognise journalists based on the discretion of the judging panel, which exercises a nomination and rigorous evaluation process.

 

 

Isaac Anyaogu from the Business Day newspaper in Nigeria, and former Forbes Africa writers, Melitta Ngalonkulu (now with Moneyweb) and Aviwe Mtila (now with eNCA TV) are some of the recent Best Newcomer category winners for 2018, 2017, 2016 respectively.

 

 

Neville Otuki, former business reporter at Energy Siren News in Kenya and a runner up in the best newcomer category in 2018, says, “Society has critical business stories the public needs to know. It is important we amplify these stories. Being acknowledged by the awards for doing so is humbling and equally rewarding, not only for journalists but for our profession as well.”

 

 

Previous winners of the journalist of the year award include Rob Rose editor of Financial Mail (2018), Sikonathi Mantshantsha, former editor at Scorpio, the Investigative Unit of Daily Maverick (2017), and Susan Comrie of AmaBhungane (2016).

 

 

Information about the eligibility, criteria, and entry submission process for the awards are available at http://bit.ly/32kKCnL.

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Why every South African should watch Black Tax

Posted by radio On February - 5 - 2020 ADD COMMENTS

BET’s new comedy series, Black Tax, is hilarious – but underneath the humour, there’s a serious subject that affects millions of South Africans. Whether you’re the one expected to pay black tax, or you just see its effects around you, it’s a cultural phenomenon that has a big impact.

 

In Black Tax, successful real estate agent Thuli Dlamini is given the shock of her life when her mother and stepfather turn up on the doorstep of her townhouse.

What she thought would only be a weekend thing looks like it might turn into forever. Her stepfather dropped a huge bombshell: he lost all his pension money when a certain bank went bankrupt after money was stolen by politicians.

 

 

The reality of black tax

Graduating from university has to be one of the most fulfilling achievements in the world. The feeling of starting a new life for yourself and working towards the future you’ve always imagined is unmatched. However, just as you’re dreaming about all the things you can do with your money, reality kicks in and you remember that you have other people depending on you financially. This is black tax and it’s a reality for a lot of young black South Africans.

I have a friend who’s had to take out loans to assist with her siblings’ school fees, while also taking care of her parents. Both her parents are employed, but she’s still expected to hand over a big part of her salary – even if it means she gets into debt.

 

 

For another friend, going on holiday or buying a house are just impossible dreams, because her entire family relies on her financially. As much as she’d like to focus on building a life for herself right now, she’s unable to.

 

 

I’m very lucky not to be in that situation – I do send money home from time to time, but it’s not expected of me. I do, however, have a few family members who pop out of nowhere to ask for money. A text from an unknown number on the 17th of the month to ask for R6 000, for example. It’s always an emergency, like a sick child, so the guilt is real. I’ll help where I can, but I draw the line when people only remember me when they need cash.

How did we get here?

If you’re wondering how black professionals find themselves in this situation, Thuli Dlamini has the answer, and explained it well to her white male colleague, James, on Black Tax.

When James was a bit confused about why she had to look after some of her family members, she told him: “Our country has a messed up past and the result of that is a lot of young black people taking care of their brothers, sisters, aunts, uncles, neighbours…”

 

 

He couldn’t fully understand black tax because his family wasn’t affected by apartheid and its legacy in the same way, she says. And anyone who still finds themselves struggling to comprehend this part of our culture would do well to watch the series for some insights.

 

 

Now it’s all up to Thuli (and her daughter) to accommodate her parents, brother and nephew. Family comes first, right? Is this a burden or is Thuli simply doing the right thing? You can be the judge of that!

One thing South Africans are definitely good at is laughing in the face of adversity, which is what makes this series so relatable and funny. Follow Thuli’s story on Black Tax, coming express to Showmax from BET.

Stream Black Tax from the beginning now.

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Season 5 of Lockdown, South Africa’s favourite prison drama, started production last week in Johannesburg, where it’s mostly shooting at Constitution Hill, the historic prison complex where the likes of Nelson Mandela, Mahatma Gandhi and Albertina Sisulu served time.

Every season of Lockdown introduces a new star. This time it’s Sophie Lichaba, aka Sophie Ndaba, who became a household name in South Africa during her two-decade-long starring role as the feisty receptionist Queen Moroka in the SABC1 soapie Generations. 

 

The multi-award-winning actress joins one of the most impressive casts on South African television: at the SAFTAs this year, four of the six Drama acting nominations for women went to Lockdown cast members: Dawn Thandeka King won Best Actress as Mazet, ahead of her co-star Zola Nombona as Monde (and International Emmy nominee Thuso Mbedu), while Lorcia Cooper won Best Supporting Actress as Tyson, ahead of her co-star Pamela Nomvete as Governor Deborah Banda.

 

Since losing a noticeable amount of weight last year due to diabetes, Sophie’s been reported dead on social media repeatedly, most recently as she started filming Lockdown last week.

 

The SAFTA winner is unfazed by the fake news, saying, “I’m just excited to be tackling such a challenging role on one of the biggest shows in the country.”

Every episode of Lockdown has trended on Twitter, so Sophie’s new character on the groundbreaking series will give social media something better to talk about on 31 January 2020, when Season 5 will premiere, only on Showmax.

 

“We haven’t seen Sophie in a while on South African television,” says Lockdown creator Mandla N, who is still directing every episode of the hit show. “But you could have said the same about Lorcia or Pamela when we cast them, and they’ve both reclaimed their places among the biggest stars in South Africa.”

 

Notorious for its cliffhangers, plot twists and emotional rollercoasters, Lockdown takes viewers into the cells and offices of Thabazimbi Women’s Correctional Facility.

 

As Season 5 picks up, Deborah is under pressure from The Department of Correctional Services, after one death too many at the prison. Arch-rivals Mazet and Tyson are still running the prison yard together, for now.  And Monde is trying to make things right with Vicky (Lauren Jenae), while worrying about her sister Katlego (Natasha Thahane), who’s been transferred to Kgotsong Asylum.

 

SAFTA winners Linda Sebezo and Nomsa Buthelezi are also back as fan favourites Maki and Slenda, while the multi-award-winning Patricia Boyer returns as the hilarious but dangerous Sue.

 

Produced by Black Brain Pictures, Lockdown was the most awarded drama at this year’s SAFTAs, taking home five awards, including Best Drama.

Lockdown is moving from Mzansi Magic, so binge-watch Season 5, only on Showmax, on 31 January 2020. In the meantime, you can catch up on the first four seasons here. 

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Africa’s largest and most respected content focused event, DISCOP JOBURG, taking place from 20 to 22 November, will put a strong emphasis on African television projects in development, partnerships with South Africa, and the booming animation sector

 

A newly revamped and focused DISCOP JOBURG program will see a scope that goes beyond content buying and selling and that will include a strong sidebar program of panel discussions and master classes.

This DISCOPRO program will see more than 50 speakers, including many intrepid disrupters, on stage for panel discussions headlined by a series of masterclasses and a panel discussion led by experts from around the world sponsored by The Africa Channel.

These sessions will specifically address how independent producers can export their content and best adapt to the fast-paced world of multicultural television. Four sessions will provide a rapid course of study on what makes a project aimed at multicultural audiences actually sell in today’s challenging environment.

DISCOPRO Program Director Andrew Boozer discusses this program further,  “Given the growth predictions of content produced in Africa, this years’ program will address how producers, writers, directors can best adapt in this fast-paced multiscreen and cross-border world and highlight how Africa can play an influential role in tomorrow’s global content production and distribution industry.”

The DISCOPRO speaker line-up includes experts from broadcasters from across Africa such as Ethiopia’s Kana TV, the SABC, Royal Media from Kenya, and others.  International companies such as -Côte Ouest, Warner Media, Turner Africa and Fox studios will also be represented in the DISCOPRO line-up.

 

Narendra Reddy, EVP and General Manager, The Africa Channel, added “ We are proud to partner with the DISCOPRO conference program, which presents both an educational opportunity and an information exchange to accelerate growth in the Africa entertainment and media sector.  The global technology shifts in content consumption and distribution presents a significant opportunity for producers on the continent to access new markets and the breadth of speakers and the panelists will seek to address any perceived  barriers to entry.”

 

The practical and outcomes driven sessions include the following:

 

#1. Panel discussions around seven key pillars needed to facilitate unfettered growth in Africa’s fast-moving entertainment and media marketplace:

 

  1. Exporting Content Produced in Africa – Inside and Outside Africa.
  2. The Content Monetization Challenge
  3. Empowering Women in the Entertainment Industry
  4. Stop Fake News
  5. The United World of Animation
  6. Bringing Video Gaming Competitions to the Screen
  7. Why Dubbed Content is Important

 

#2. A Masterclass Program comprised of real world case  studies emphasizing practical solutions to issues:

 

  1. The Critical Importance of the Development Phase
  2. The Value of Copyright
  3. Music as a Cross-Border Accelerator
  4. Win-Win Distribution Strategies
  5. How to Shoot a Film Under $10,000 and Sell it to SHOWMAX

 

#3. A Tutorial Track focused on Coproduction Opportunities with South Africa.

 

In addition to proper targeting, original themes, and international distribution, multi-party coproduction is increasingly becoming an important factor for success. South Africa – with a rapidly developing content production and distribution sector, competitive advantages and many coproduction treaties already in place – is becoming an important supplier of talent, stories and production services to the global community. This tutorial track will put under the spotlight projects that can benefit from existing coproduction treaties between South Africa and France, the UK, Canada and Australia.

 

#4. A Pitching Program showcasing original Animation Projects.

 

For the third year running, DISCOPRO  in partnership with the African Animation Network (AAN) and the Annecy Animation Festival and Market (MIFA) – will host the grand finale of the Pan-African Animation du Monde 2020 Pitching Competition.  This program also includes an additional Pitching Showcase organized under the DISCOMICS banner and in partnership with the AAN.  With the world looking to the continent as a growth center, Africa is expected to play a role in the expansion of the global animation industry and Africa will be the focus territory for 2020 at the MIFA gathering.

 

#5. The First Look Series of Innovative Ideas.

 

Intertwined in the general agenda, the First Look Series will feature a line-up of inspiring presentations from experts, entrepreneurs, key players and great speakers who have the edge on how independent producers and storytellers can improve their crafts, generate more revenue and expand their reach.

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Kaya FM gets a line-up refresher

Posted by radio On October - 18 - 2019 ADD COMMENTS

The final quarter of the year promises to be an exciting one for Afropolitans as Kaya FM proudly announce a few changes to their line-up. Coming off the back of a powerful year, which saw them being named the Commercial Station of the Year – Kaya FM is committed to reinvention and quality that puts us at the forefront of radio broadcasting

Some of these changes came into effect last month with the new-look Kaya Breakfast Show, which saw Thabiso Sikwane and Jason Goliath joining David O’Sullivan on weekday mornings from 06h00-09h00. Listeners currently have the opportunity to enjoy an additional hour of Karibu with Mike Siluma on Thursday evenings between 20h00-23h00.

 

This month further sees a variety of new and refreshed shows designed to elevate a collection of tastemakers set to showcase the best that radio has to offer.

 

Early Mornings with Sotho Meyer

Afropolitan listeners face a range of challenges that could make confronting each day difficult. Early Mornings with Sotho Meyer ensures that you start your day on an inspired note. The show plays a range of uplifting spiritual music to get you ready for whatever may lie ahead. Join Sotho Meyer every Monday – Friday from 05h00 -06h00 as she gives you the start to your day that you need.

My Money and Me with Sumitra Nydo

Esteemed financial journalist Sumitra Nydoo brings the latest insights in personal finance, helping listeners lead happier and wealthier lives. Every week on My Money and Me, Nydoo finds the unique link between money and self-improvement, ensuring valuable lessons that are accessible to everyone. Tune in every Tuesday between 20h00-21h00.

 

Late Nights with Big Black

Late Nights with Big Black is the perfect way to wind down to expertly selected music. With years of experience behind him, Big Black will bring his definitive voice and taste in soul music to the discerning Afropolitan listener looking for nostalgic moments and open to exploring new sounds. However one chooses to ease into their evening, Late Nights promises to be a much-needed companion every Monday to Wednesday from 21h00-24h00.

The Best T in the City #PlatinumFridays

The Best T in the City is back with a new twist: #PlatinumFridays. Each Friday, Afropolitans can expect Thabo ‘Tbose’ Mokwele to ring in the weekend with a range of premium sounds, while interviewing interesting thought leaders with a focus on the more light-hearted aspects of life. Broadcasting after Good Friday with Skhumba and Ndumiso, #PlatinumFridays will maintain the laid-back and fun energy of that show and provide a seamless flow into Kayasette with Proverb. Tune into #PlatinumFridays from 09h00-12h00.

 

 

What’s Wrong with Groovin?

New to the weekend, What’s Wrong with Groovin? is curated by DJ Kenzhero and Tha_Muzik. The show seeks to recalibrate and reimagine the history of Africa and her people with creative meaning. What’s Wrong with Groovin? is inspired by a Hugh Masekela composition, performed and popularised by Letta Mbulu. The show will be compiled and presented as an audio documentary. Tune in on Sundays between 14h00-18h00.

Kaya FM’s MD, Greg Maloka, reflects on these new changes.

At the back of winning Commercial Radio Station of the Year, we had plans around how we wanted to evolve the brand, and some conversations we wanted to solidify so if you think about the expansion of Karibu, as the home of the Afropolitan, that platform is important to us. We had initially brought in Kojo Baffoe to help us address issues around manhood through Life with Kojo, which he pioneered. Extending Karibu with Mike Siluma allows us to make those issues more continental. That is also something we see in What’s Wrong with Groovin?, curated by DJ Kenzhero and Tha_Muzik. What’s Wrong with Groovin? is a confluence of many impulses and gives us the opportunity to have a musical conversation about the journey of the freedom of Africa. We are very excited about being able to have a platform that draws from the words of Malcolm X, Miriam Makeba, Steve Biko, as well as the thoughts of many young activists of this day.

 

 

Sotho Meyer comes in the morning. In a country where thousands of women wake up at the crack of dawn to prepare themselves and their families for a new day – whether in the suburbs or the townships – what are the conversations at that time of the morning? Having done exceptionally well with her weekend show focusing on children’s activities, Sotho is a wonderful addition to this morning slot. We loved what Shane Ngwenya brought to the space. That spiritual vibe was important: now we feel that it is time to take it to the next level.

 

 

Influential Fridays brought some interesting people to the platform, and was to a large degree successful. TBose’s weekday show is one of our most loved on the station and we wanted to merge those together for Platinum Fridays, bringing in a premium selection of lounge, house and soul music on a Friday afternoon.

 

 

With My Money and Me, we understood that personal finance is a very deep issue. We also found that there is a particular skill required for someone to have personal conversations and advice you on money – something that Thuli Magubane understood and she was the foundation for something important. We are excited to have Sumitra Nydoo taking this on as she understands the overall business philosophy at Kaya.

For more information visit kayafm.co.za or connect with us on Facebook, Twitter or Instagram. To set up interviews, please contact Ntombenhle Shezi on Ntombenhle@kayafm.co.za.

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MTN Bushfire Artist Applications Are Open

Posted by radio On October - 9 - 2019 ADD COMMENTS

With less than a month before the closing date for artist applications, MTN Bushfire has already received over 800 artist applications from 57 countries around the globe!

Applications have been open from 1 August 2019 and will be closing on 31 October 2019. The distinctly African, yet globally-infused festival has received applications from Eswatini, Botswana, and South Africa, and from as far afield the United States of America, France, Greece, The Reunion Islands, the Democratic Republic of Congo, Gabon, Haiti, and Venezuela amongst many others.

 

Rooted in Africa and accessible  to the world, the MTN Bushfire stages embrace the eccentric and unearth the electric. The festival looks for artists who not only entertain, but embody the festival’s strong atmosphere of tolerance and inclusion and its purposeful celebration of diversity through art.

 

Each year, the MTN Bushfire Main Stage, House On Fire Amphitheatre, The Barn, and FireFly Stage present over 70 performing acts from across musical and performance genres and from all over the world. For all of these artists, performing at MTN Bushfire is a memorable and powerful experience, with artists, as well as festival guests, all being asked to BRING THEIR FIRE.

 

The unconventional musical programme that MTN Bushfire is synonymous with reflects its #BRINGYOURFIRE mandate which makes manifest the ideals of social inclusion, environmental sustainability and equality.

 

Artists who would like to be part of this amazing and on-going musical experience are invited to apply to perform at the 2020 edition of MTN Bushfire that will be taking place from May 29th–31st, 2020, in the beautiful Malkerns Valley of eSwatini.

 

MTN Bushfire is looking for a diversity of artists from a range of musical styles and across genres.  Every year features an eclectic mix of World Music, African Music, traditional and cultural music styles from across the globe; Electro, Afro pop, Jazz, Folk, Rock, Gqom, House, and a range of other diverse styles.

 

In addition to musical performances, the various MTN Bushfire stages and platforms also host dance, art exhibitions and installations, theatre, poetry, story-telling, puppetry, film, speakers, as well as themed workshops.

Applications are available through our website www.bush-fire.com.

 

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Phuthuma Nathi share exchange now open

Posted by radio On October - 1 - 2019 ADD COMMENTS

MultiChoice Group’s (MCG) offer to Phuthuma Nathi (PN) shareholders to exchange up to 20% of their Phuthuma Nathi shares for shares in MCG is now open. Phuthuma Nathi shareholders that choose to take up this offer will then hold shares in both PN and MCG.

 

 

Make sure that you fully-understand what this means to you as a Phuthuma Nathi shareholder so that you make an informed decision. More information on this offer is available on the Phuthuma Nathi website.

The offer closes at 2pm on 28 October 2019.

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Advertising Week Africa announces shift to 2020

Posted by radio On September - 23 - 2019 ADD COMMENTS

Advertising Week (www.AdvertisingWeek.com) – the world’s largest annual gathering of advertising, creative, entertainment, marketing, media and technology industry leaders – has  shifted its maiden Africa edition to 2020.

Advertising Week Africa will now take place in the first half of 2020, with a new date to be confirmed. The date change comes after a joint decision by the event’s Africa-based Advisory Council and other local and international stakeholders, following unrest in South Africa and the resulting reprisal attacks across several African countries.

 

 

Stillwell Partners, global producers of Advertising Week, re-affirmed the commitment to Africa. “Our commitment to launching Advertising Week Africa in Johannesburg is only stronger. From adversity often comes opportunity and we will continue and accelerate all planning and development to ensure the success of Advertising Week Africa in 2020,” said Stillwell President Lance Pillersdorf.

 

 

The following lead up to Adverting Week Africa milestone events will continue as planned:

  • An AWAfrica gala reception honoring the 20th anniversary of the Nelson Mandela Foundation in New York City on 25 September, as a centerpiece of the 16th global edition of Advertising Week in New York City.

  • The next edition of Advertising Week Europe in London in March 2020 will shine the spotlight on the spirit and impact of African entrepreneurs and storytellers.

  • South Africa House on Trafalgar Square will host a special Road to AWAfrica Leadership Reception during AWEurope.

 

 

Tunji Adeyinka, Republicom Group Managing Director and Chair of the AWAfrica Advisory Council adds: “The message of Advertising Week Africa has always been that there is strength in our diversity, and therefore we stand against violence anywhere on the continent. And as our central theme ‘Great Minds Think Unalike’ succinctly illustrates, we are excited to showcase the fact that we may have different languages, practices and belief systems across the continent, but those very differences create a rich tapestry of culture, industry and creativity that represent a massive and hugely positive contribution to our continent and to the world.”

 

 

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Apple today introduced the new seventh-generation iPad, bringing more screen area and support for the full-sized Smart Keyboard1 to its most popular and most affordable iPad. Starting at just $329, the upgraded iPad features a stunning 10.2-inch Retina display and the latest innovations including Apple Pencil2 support, the fast A10 Fusion chip, advanced cameras and sensors, unmatched portability and connectivity, ease of use and great all-day battery life.The new iPad is available to order starting today and in stores starting Monday, September 30.

 

“The new iPad packs even more value into our most popular and affordable iPad model featuring a bigger 10.2-inch Retina display, support for Apple Pencil and for the first time, the full-size Smart Keyboard,” said Greg Joswiak, Apple’s vice president of Product Marketing. “The new iPad was built to run iPadOS, which introduces powerful new ways to multitask, manage and mark up documents, use Apple Pencil and view more information at a glance on a redesigned Home screen. This new iPad with iPadOS takes everything people love about our most popular iPad and makes it even better for creating, learning, working and playing.”

 

 

Bigger Display in a Powerful and Portable Design

The new 10.2-inch Retina display iPad has nearly 3.5 million pixels and a wide viewing angle making it a vivid canvas for creative expression and perfect for immersive augmented reality (AR) experiences that take advantage of its enhanced cameras and advanced sensors. Featuring the powerful A10 Fusion chip, the new seventh-generation iPad brings up to two times faster performance over the top-selling Windows PC4 for powerful multitasking and smooth gameplay in Apple Arcade.
Designed to be ultra-portable and durable, iPad weighs about one pound and for the first time features an enclosure made from 100 percent recycled aluminium with the same strength, durability and beautiful finish as the aluminium in all Apple products.5 Staying connected is easy on iPad with ultra-fast wireless performance and support for Gigabit-class LTE connectivity — delivering three times faster6 cellular data connections.7 With Touch ID, unlocking iPad is simple and secure using just a finger, to keep important information safe.

A New iPad Experience with iPadOS

iPadOS brings powerful new capabilities and intuitive features designed for the unique experience of iPad. A redesigned Home screen shows more apps on each page and the Today View can now be added, allowing quick access to widgets for at-a-glance information including news headlines, weather and calendar events. Working with multiple files and documents from the same app is now easier on iPad with updates to Split View, as well as switching between multiple apps using Slide Over.
The must-have Apple Pencil opens up new ways to be creative and more productive and is even more integrated into the iPad experience. Customers can now mark up and send entire webpages or documents by simply swiping Apple Pencil from the bottom corner of the screen, and a redesigned tool palette gives easier access to useful tools, colours and shapes.
Managing documents in the Files app with iPadOS gets even more powerful with support for external USB drives and file servers. Safari brings desktop-class browsing to iPad so users always get the website best optimised for iPad, as well as support for popular web apps like Squarespace and Google Docs. For additional information on iPadOS features, including Dark Mode, custom fonts and working with Photos, visit apple.com/ipados.
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Apple today announced financial results for its fiscal 2019 third quarter ended June 29, 2019. The Company posted quarterly revenue of $53.8 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.18, down 7 percent. International sales accounted for 59 percent of the quarter’s revenue.
“This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth from Wearables, strong performance from iPad and Mac and significant improvement in iPhone trends,” said Tim Cook, Apple’s CEO. “These results are promising across all our geographic segments, and we’re confident about what’s ahead. The balance of calendar 2019 will be an exciting period, with major launches on all of our platforms, new services and several new products.”
“Our year-over-year business performance improved compared to the March quarter and drove strong operating cash flow of $11.6 billion,” said Luca Maestri, Apple’s CFO. “We returned over $21 billion to shareholders during the quarter, including $17 billion through open market repurchases of almost 88 million Apple shares, and $3.6 billion in dividends and equivalents.”
Apple is providing the following guidance for its fiscal 2019 fourth quarter:
  • revenue between $61 billion and $64 billion

  • gross margin between 37.5 percent and 38.5 percent

  • operating expenses between $8.7 billion and $8.8 billion

  • other income/(expense) of $200 million

  • tax rate of approximately 16.5 percent

 

Apple’s board of directors has declared a cash dividend of $0.77 per share of the Company’s common stock. The dividend is payable on August 15, 2019 to shareholders of record as of the close of business on August 12, 2019.
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SAfm makes changes to its 2020 line-up

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