Chinese Internet giant Tencent and e-commerce businesses have helped lift Naspers’s revenues by 6% to US$12,2bn for the financial year ended 31 March 2016. In its full-year results, Naspers reported on Friday that its
Author: Agency Staff
Encrypted digital television set-top boxes risk being expensive for government and burdening poorer South Africans with defunct technology, says pay-TV provider MultiChoice. Set-top boxes are key to South Africa’s
President Jacob Zuma can now have his day in court, Democratic Alliance federal chairman James Selfe has said. Zuma and the National Prosecuting Authority’s application for leave to appeal the court’s decision that he should face
South Africa’s high court denied the National Prosecuting Authority permission to appeal a finding that it erred when it decided to drop a corruption case against President Jacob Zuma seven years
South Africa’s rand lived up to its reputation as a proxy for risk sentiment, plunging by the most since 2008 against the dollar and falling to a record against the yen as investors piled into haven assets after the UK voted to
The South African Reserve Bank said the way the country’s welfare grants are paid out may have resulted in Net1 UEPS Technologies having a conflict of interest as the company has the contract to make the payments and
Bitcoin was one of the few winners out of the UK’s vote to leave the European Union, surging by as much as 13% as the decision fuelled demand for alternative assets. The digital currency jumped by 11% to US$681,68 as of 1.45pm
The UK voted to quit the European Union after more than four decades in a stunning rejection of the continent’s postwar political and economic order, sending shock waves around global markets. The pound plunged to
Are you aware of a fund at national treasury that could hold US$9,5m of money owed to you? Neither is treasury. They are aware, however, of an apparent 419 scam that is once again doing the rounds in finance
Just two years after acquiring a controlling stake in the company, MTN South Africa has announced it will dispose of its 50,02% stake in Afrihost to the Internet service provider’s management team. MTN acquired the stake