As famously contrarian investors, the one stock Allan Gray might be thought least likely to hold is Naspers. Besides being the flavour of the market, the counter is trading on multiples that most value
Author: Editor
The names of 26 bidding organisations that have each won a piece of South Africa’s R4,3bn set-top box tender have finally been revealed by the state agency tasked with the project. Last week
Vodacom has lost one of its top executives. Bloomberg is reporting that Romeo Kumalo, the chief operating officer of the mobile operator’s international operators has resigned, apparently to join his family business. Kumalo has been with Vodacom since 2004
Gospel group Joyous Celebration is the most streamed artist by South African users of Web-based streaming service Deezer — a Paris-based company that is part of a now US$7bn industry. Tecla Ciolfi, the editor of Deezer South Africa who
Privately held South African secure electronic communications specialist Striata has acquired New York-based Mass Transmit, a US-based provider of e-mail marketing tools and services. The value of the deal has not been disclosed. Headquartered in New York, with offices in
When the JSE began trading on Monday morning, Naspers opened at R2 001,50/share. This was the counter’s first foray above R2 000, a price that is just below 88% higher than where it opened on 14 April last year. Going back two years, the surge in the share
Vodacom has become the first mobile operator in South Africa to launch voice-over-LTE, or VoLTE, calling on its network. In development for years, VoLTE allows voice calls to be placed over 4G/LTE networks, which are built first and foremost for data communication rather
Standard Bank has introduced a biometric mobile banking solution that allows iPhone and iPad users to use their device’s fingerprint scanner to sign into the financial services company’s mobile banking application. The update makes use of the TouchID
Online marketplace and auction website Bidorbuy says last year’s prolonged postal sector strike had a big impact on small business owners, who found it difficult to compete with larger retailers and are concerned that the uncertainty of reliable delivery could mean
The latest Visual Networking Index (VNI) mobile forecast from Cisco predicts that 4G mobile data traffic in South Africa will grow at an annual compound growth rate of 110% over the next four years. Fourth-generation networks will account for 56,1% of total mobile data