Naspers CEO Bob Van Dijk said five years of heavy e-commerce investments are bearing fruit, which should prove to investors that the assets are worth more than they think. Van Dijk is seeking to show shareholders that
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Chairman Koos Bekker countered criticism that Naspers relies too heavily on its $132bn stake in Chinese media company Tencent by reminding investors that they would have been a lot poorer if he’d given in to similar pressure
Telkom has taken the wraps of LIT, offering consumers zero-rated access to a large range of popular video and audio streaming services, including Netflix and Showmax. The new service, available to Telkom FreeMe mobile
African Rainbow Capital’s banking partner is close to getting a licence that it wants to use to challenge the dominance of South Africa’s biggest lenders. The Commonwealth Bank of Australia has said it will sell 10% of Tyme
INX-ZA, which operates important Internet exchange points in Johannesburg, Cape Town and Durban, said on Thursday that is expanding its exchange facilities in the former two cities. The Johannesburg Internet Exchange
Blue Label Telecoms, the JSE-listed group led by brothers Mark and Brett Levy, has turned in a strong set of financial results for the year to May 2017, the last numbers it will report that don’t include contributions from its
Speculation is swirling that the Guptas’ biggest asset in the ICT sector, Sahara Computers, is either up for sale or could even soon be closed down. Several industry sources, who say they have knowledge of the situation
The recapitalisation of Cell C involving JSE-listed companies Blue Label Telecoms and Net1 UEPS Technologies is “not a done deal”, the mobile operator’s embittered black economic empowerment partner said on
The stakes are high for Samsung Electronics’ roll-out of the Note 8, after the previous model’s exploding battery fiasco last year. Like the Note 7, which was scrapped and cost the South Korean company an estimated
Naspers has pierced the R3 000/share barrier for the first time, trading briefly at R3 001/share on Wednesday afternoon on continued optimism over China’s Tencent, in which it holds a 33.2% stake. The JSE-listed technology