Netflix surged more than 20% after reporting its streaming service signed up 3,6m subscribers in the third quarter, vanquishing – for now – investor concerns about slowing growth at the world’s largest online TV network. In the next year, the company will become
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With SABMiller out of the JSE Top 40, Naspers now accounts for roughly a fifth of the index – a risk for anyone tethering their savings to the index. Naspers trades on a price-earnings multiple of about 100, which is perilously close to
The relatively trivial nature of the charges against finance minister Pravin Gordhan, and the way in which the prosecution has been pursued, leads to the conclusion that this is a trumped up charge. It also suggests that Gordhan
Divisions within the ANC are deepening and a potential downgrade of South Africa’s debt rating to junk isn’t fully priced in by markets, according to Goldman Sachs Group. The rand slumped as much as 4,3% against the dollar on
Samsung Electronics is corporate royalty in Korea. It’s also a company recognised for its marketing smarts and engineering savvy worldwide, so much so that consulting firm Interbrand ranked it as the world’s seventh most
Government’s radical plan to shake up the way radio frequency spectrum is allocated in South Africa has been met with universal derision by ICT analysts and experts, who say it takes huge and unnecessary risks that could cause
Twitter, struggling to find new users, will need to rely more heavily on its live video streaming strategy after top potential bidders were said to have lost interest in making offers amid pressure from their investors. Twitter once saw interest
It’s South Africa’s equivalent to the proverbial $640 Pentagon toilet seat — a paper binding machine that the government buys from its suppliers for the rand equivalent of almost R28 000, about 13 times what it costs in a store. Kenneth Brown, the nation’s 54-year-old
In electronics manufacturing, there’s no better sign you’ve made the big league than winning a deal to supply an international brand. Conversely, nothing says loser more than an international brand
Government’s plans for shaking up the management of radio frequency spectrum in South Africa could backfire badly, crimping investment and harming consumers. It’s a risk that’s too big to take. The department of