Author: Loni Prinsloo

A group of out-of-pocket bitcoin investors is pushing for criminal charges against the South African brothers who ran a suspected fraudulent cryptocurrency platform.

Prosus plans to invest further in its fast-growing online car dealership business, expanding an e-commerce empire that already includes payments, food delivery and education.

Vodacom Group may consider a separate listing of its financial services business in South Africa to unlock value.

Four-year-old South African stock exchange A2X expects to break even by 2023 as trading in the secondary listings it offers takes off.

Khumbudzo Ntshavheni said this week’s outage at Facebook is a reminder government can do more to support the development of local social media platforms.

MTN Group is in talks with potential international buyers for its wireless business in Afghanistan, a bid to accelerate plans to exit the country, according to people familiar with the matter.

South African telecommunication companies are trying to settle a wireless spectrum auction dispute with the industry regulator out of court to avoid a prolonged legal battle.

Tencent investor Prosus – the spinoff of JSE-listed technology and media conglomerate Naspers – is placing its bet on India as the next big technology market.

The deal between South Africa’s Naspers and its spinoff Prosus this week caused havoc, with the JSE forced to delay opening by hours on Wednesday amid the rush of rebalancing trades.

Facebook and some of the world’s largest telecommunications carriers, China Mobile and MTN Group, are set to build a wider-than-earlier-planned giant subsea cable in Africa.