Browsing: In-depth

The big news of the day is that Mzwanele (Jimmy) Manyi has bought ANN7 and The New Age from the Guptas for a total consideration of R450m. Predictably, there has been an eruption of cynical comments and probing questions

Naspers’s conglomerate discount is widening. Its one-third stake in Tencent Holdings alone is now worth 27% more than the South African Internet company’s entire market cap. After a 70% increase in its stock so far this year

Alibaba and Tencent can count themselves among the world’s costliest technology companies after a stellar run. To justify those lofty valuations, China’s two largest corporations have to deliver on some of the riskiest bets they’ve

A South African business empire built up by members of the Gupta family is under pressure as they face a mounting backlash over allegations that they exploited their friendship with President Jacob Zuma to loot billions of rand