South African-headquartered media and Internet giant Naspers on Monday said it would sell its holdings in online retailer Netretail and price comparison site Heureka to the Czech-based investment firm Rockaway Capital for US$201m (about R2,7bn). The move
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It’s no surprise that Internet and media group Naspers on Friday announced a US$1,2bn (R16bn) deal to become the largest shareholder in Avito, the leading online classifieds platform in Russia, Mof Terreblanche, a director of Stonehage Investment Partners, said on Friday
Local social network Mxit said on Friday that it is shutting down its commercial operations and donating all of its intellectual property and technology assets to independent public benefit organisation
Communications regulator Icasa has published a discussion document on “dynamic and opportunistic spectrum management”, a precursor to crafting regulations that will govern the use of television white-spaces spectrum in South Africa. TV white spaces
Former First National Bank CEO Michael Jordaan has expressed disappointment at Mxit’s commercial closure. Mxit announced on Friday that it is shutting down its commercial operations and donating all of its intellectual property and technology assets to independent
Local technology expert Arthur Goldstuck says he’s not surprised at Mxit’s commercial closure. On Friday, Mxit announced that it is shutting down its commercial operations and donating all of its intellectual property and technology assets to independent public
A website has been established to allow students protesting South African university fee increases to receive donated mobile data. Donors can even use Bitcoin. The brainchild of Ruark Ferreira
Social network Mxit has exited its Indian and Nigerian markets as the business shuts down its commercial operations. Mxit had a high-profile launch in India at the beginning of 2014 which
South African media and technology giant Naspers on Friday morning announced it is upping its stake in Russian classifieds platform Avito from 17,4% to 67,9% in a deal valued at a whopping US$1,2bn (about R16bn). In a statement, Naspers said it invested initially
Higher education minister Blade Nzimande withheld for three years a report that found free university education was viable, the Mail & Guardian reported on Friday. Nzimande received the study in December 2012 from a working group he appointed in 2010