Naspers CEO Bob van Dijk said Africa’s largest company will consider “structural options” if the value gap with its stake in Tencent persists. Naspers has a 33% stake in Shenzhen, China-based Internet giant Tencent, valued at
Author: Loni Prinsloo
Swedish phone-app developer True Software Scandinavia is in talks with wireless operators including Bharti Airtel to expand its fast-growing Truecaller spam filtering service in Africa. Truecaller is seeking to roll out a version
Corruption allegations surrounding South Africa’s politically connected Guptas ensnared one of Germany’s biggest companies as SAP joined international businesses ranging from KPMG to McKinsey & Co in reporting links with
MTN and IBM are introducing collars for prey animals that help combat rhino poaching, a test case for new wireless technologies. The collars track and monitor prey animals such as zebras that graze close to rhinos, detecting
Naspers CEO Bob Van Dijk said five years of heavy e-commerce investments are bearing fruit, which should prove to investors that the assets are worth more than they think. Van Dijk is seeking to show shareholders that
Chairman Koos Bekker countered criticism that Naspers relies too heavily on its $132bn stake in Chinese media company Tencent by reminding investors that they would have been a lot poorer if he’d given in to similar pressure
Naspers shareholder Allan Gray plans to vote against the remuneration policy of Africa’s biggest company because it isn’t aligned to the performance of the business outside a stake in Chinese media giant Tencent. Naspers
Nippon Telegraph & Telephone Corp has attracted competing interest from MTN Group and Vodacom Group for the African operations the former Japanese monopoly acquired with the takeover of Dimension Data
Fenix International, a San Francisco start-up making solar-power systems for people with no access to electricity grids, is expanding in Africa through a partnership with the continent’s largest wireless carrier
Cell C plans to raise as much as $464m (R6bn) from the sale of two bonds as part of the South African mobile phone company’s recapitalisation that will enable Blue Label Telecoms to buy a stake, according