Naspers has acquired Tiger Global Management’s stake in South Africa’s largest e-commerce retailer Takealot, and now owns an effective 96% (91% fully diluted) of the business. This was revealed in its provisional
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Following the successful trials in South Africa of digital radio broadcasting technologies, communications minister Nomvula Mokonyane said on Monday that she will issue a policy directive to the regulator, Icasa
Communications minister Nomvula Mokonyane said on Monday that a review of public broadcasting policy will commence with the review of the SABC. This comes after the department released an issues
First National Bank has squeaked past Capitec to be named South Africa’s best digital bank, according to a new, independent study by Columinate. The insights agency on Monday released its seventh annual
Cash Paymaster Services, the subsidiary of tech giant Net1 UEPS, is facing fresh allegations of using “dirty tricks” to sabotage the South African Post Office’s efforts to become the sole social grants distributor over the
Bitcoin dropped to the lowest level this year as pressure mounts on the embryonic digital currency sector, with global central bankers raising questions of viability and government regulators increasing scrutiny
The SABC has appointed Madoda Mxakwe and Yolande van Biljon as its new group CEO and chief financial officer respectively, the public broadcaster’s board said on Sunday. Van Biljon starts the job on Monday, 25 June
Naspers’s video entertainment segment – in effect, the MultiChoice business – has grown revenue by 8% to US$3.7-billion in the year ended 31 March 2018, despite warning of tougher competition from online streaming video
Naspers has put aside the proceeds of share sales in Chinese Internet giant Tencent and India’s Flipkart to pay for new investments due to the abundance of opportunities in its preferred media and technology markets
The City of Tshwane metropolitan municipality, which includes Pretoria and surrounding towns, has published “significantly” increased fees for deploying telecommunications infrastructure. But the move