Author: Staff Reporter

Naspers, whose share price has fallen in tandem with affiliate Tencent, in which it holds a 31.2% stake, offers “significant value at these levels”, Ashburton Investments said on Wednesday.

A report on Thursday evening that Nigeria is playing hardball with MTN Group sent the wireless carrier’s shares tumbling more than 10% shortly after markets opened in Johannesburg on Friday.

JSE-listed Net1 UEPS Technologies and QR-code payments specialist Zapper said on Thursday that they will launch a new company, called ZappGroup Africa, to white-label and expand Zapper’s technology across Africa.

Plans to build a new submarine broadband cable from South Africa across the south Atlantic appear to be gathering pace, with SAEx International announcing on Thursday that is has contracted Nokia’s Alcatel Submarine Networks.

The South African Banking Risk Information Centre on Thursday warned of a surge in Sim-swap fraud in the country.

Facebook has hired Africa Check and AFP to try to crack down on the sharing of fake news on the social media platform in South Africa.

The Internet Service Providers’ Association (Ispa) on Thursday slammed communications regulator Icasa’s new call termination rate regime, saying it favours the industry’s larger players.

EOH Holdings financial director John King has resigned. King announced his decision to leave the business at the group’s annual results presentation in Sandton on Wednesday.

JSE-listed Alaris Holdings said on Tuesday that is has entered into an agreement to acquire US-based mWave Industries, which develops custom and commercial microwave antenna solutions.

Fibre infrastructure provider Metrofibre Networx is getting into the Internet service provision game.