Author: Loni Prinsloo

Loni Prinsloo is deals reporter at Bloomberg, based in Johannesburg.

Naspers named Akash Bhatia chief financial officer of its ShowMax video streaming business as Africa’s biggest company by market value expands the service to 36 new countries in a challenge to Netflix, which is also growing in the

Naspers is seeking to further boost its international Internet business as it grapples with falling pay-television subscription numbers in sub-Saharan Africa. The company, which usually spends half a billion dollars

MTN Group named Vodafone Group’s Rob Shuter as CEO, turning to a seasoned executive to lead Africa’s biggest mobile-phone company following the settlement of a record fine in Nigeria. Shuter, a South African who leads Vodafone’s

MTN Group’s record US$1,7bn Nigerian fine is about to get a whole lot cheaper. MTN rose the most in a week on Friday as investors prepared for a slump in the Nigerian naira after Africa’s second-biggest crude producer’s central bank said it will

Uber Technologies started the ride-hailing service in the Ghanaian capital of Accra on Wednesday, continuing an expansion plan that’s seen the company regularly add new markets in sub-Saharan