Prosus said its e-commerce business grew revenues and shrank trading losses for the year that ended 31 March, even as its overall profit continued to be dominated by its investment in Chinese technology giant Tencent.
Author: Agency Staff
Bitcoin slid on Monday amid a fraying appetite for riskier investments and an intensifying cryptocurrency crackdown in China.
Naspers reported a 24% rise in profit for the year that ended 31 March, boosted primarily by the performance of its investment in China’s Tencent Holdings, the company said on Monday.
I’d like to explain to some of my crypto friends why parts of the mainstream economics and financial world do not take them more seriously. By Tyler Cowen.
A patch of virtual land in the blockchain-based online world Decentraland sold for more than R13-million on Thursday, in a record purchase for the platform.
European antitrust regulators are set to open a formal investigation into Google’s digital advertising practices, people familiar with the matter said.
A floating gas-turbine generator meant to alleviate South Africa’s crippling power cuts has run into objections by oyster farmers and small-scale fishermen.
The debacle surrounding South Africa’s bid to secure emergency power supplies has highlighted a dysfunctional energy policy that’s subjecting the country to intermittent blackouts.
The former chairman of both Telkom and Eskom, Jabu Mabuza, a widely admired businessman, died from Covid-19 complications on Wednesday, his family announced.
Covid-19 cases rose by over 20% week on week in nearly two dozen African countries and progress on vaccinating Africans is proceeding slowly, with just 0.79% of people on the continent fully vaccinated.