Author: Loni Prinsloo

Naspers has awarded CEO Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks to boost its global Internet businesses amid declining profit at the sub-Saharan

Metered taxi drivers in South Africa are attacking those that operate cars and use Uber Technologies, and the ride-hailing service has called for a meeting with police minister Fikile Mbalula to help stop the violence

South Africa is considering a merger of state-owned technology companies Broadband Infraco and Sentech to help accelerate the roll-out of high-speed Internet to the population within three years, according to two people

Huawei said on Tuesday it will partner with British money transfer operator WorldRemit to let African expatriates send cash home to millions of users of the Chinese company’s mobile money service platform. The deal will

Moses Kgosana, who withdrew from taking the post as chairman of Alexander Forbes in the wake of allegations related to his tenure as CEO and senior partner at KPMG South Africa, said he offered to step aside from the

South African Airways has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become the struggling state-owned carrier’s first permanent CEO since November 2015, according to three people familiar with

Naspers will approach investors in the US and the UK next week about a bond issue as Africa’s biggest company by market value continues its acquisition-hungry quest to expand its Internet businesses. The proceeds for the bond will shore

Nippon Telegraph & Telephone Corp is considering the sale of African operations it acquired with the takeover of Dimension Data Holdings and is open to approaches from interested buyers, according to three people familiar with the situation

Datatec shares jumped by the most on record after the South African IT services company agreed to sell the North and Latin American operations of its Westcon-Comstor business for as much as $800m

Telkom said on Monday that full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by