Author: Duncan McLeod

Naspers has rubbished an report that it is in talks with a Chinese investment company to sell all its remaining shares in Tencent.

Blue Label Telecoms, the largest shareholder in Cell C, may seek to buy a majority and controlling stake in the mobile operator.

Altron plans to sell its ATM hardware and support business to NCR as the US technology company reinvests in South Africa.

Government will take over as much as two-thirds of Eskom’s R400-billion debt mountain, finance minister Enoch Godongwana said.

NTT Ltd, the parent company of Dimension Data, on Wednesday took journalists through the first phase of its giant new data centre facility in Gauteng.

The price of Apple’s latest smartphones has increased by as much as 4.7% since their launch in South Africa just a month ago.

In a surprise move, JSE-listed Blue Label Telecoms has called a meeting to update investors on “key business developments”.

In its first set of results delivered by newly appointed CEO Werner Kapp, Altron has hiked its interim distribution to shareholders.

The decision by three top directors at Huge Group to resign from the board on Friday came as a “complete surprise and shock”, said CEO James Herbst.

Leading directors at Huge Group, including its chairman, Duarte da Silva, have resigned amid an apparent boardroom fracas.