Author: Loni Prinsloo

Cell C is seeking acquisitions that will help transform South Africa’s third biggest mobile phone company into a full-service telecommunications provider offering Internet and financial services as well as traditional calls and texts

Naspers is in talks to lead an investment of as much as R2.5bn in India’s Swiggy to increase its stake in the online food-delivery company, according to two people familiar with the matter. Africa’s biggest company by market value

South Africa is seeking to raise as much as R4bn from the sale of part of its 39% stake in Telkom to raise funds for the country’s unprofitable state airline and post office, according to two people familiar with the

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

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