Although the vast majority of South Africa’s telecommunications and technology companies will pass on the 1% increase in the value-added tax rate — from 14% to 15% — from 1 April, some are bucking the trend
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Naspers, frustrated that investors give it no credit for its investments other than a stake in Chinese Internet behemoth Tencent, is considering listing some businesses on the stock market to highlight their value
MTN Group’s Ghanaian unit lifted its target for an upcoming initial public offering by more than a half to 3.48bn cedis (R9.3bn), according to two people familiar with the matter. Africa’s biggest mobile phone company
Sentech has appointed a long-serving company engineer as its new chief operating officer. The company said on Friday that it has named Tebogo Leshope to take the operational reins at the state-owned
Tencent Holdings has lost US$48bn (R566bn) of market value over two days, pummelled by a warning on margin pressure as well as a surprise sale of stock by its biggest shareholder. Asia’s largest company slumped
MTN has significantly increased the per-minute charges on certain “legacy” prepaid calling plans, though the company said the increases will only affect a subset of prepaid users and are in no way related to the VAT
TechCentral has agreed to publish the following right of reply from communications regulator Icasa to an opinion piece we ran earlier this week penned by former Icasa councillor Willie Currie and freelance writer
New research from GfK shows South African consumers continue to clamour for smartphones, with entry-level model driving demand, but PC sales continue to flounder.
Smartphone unit sales in South Africa climbed by
Uber Technologies has denied a Kenyan newspaper report that it plans to introduce unmanned flying taxis in the East African nation. Business Daily, a Nairobi-based publication, reported Wednesday that the
Cape Town-based machine-learning specialist DataProphet has concluded a multimillion-dollar funding round from venture capital provider Knife Capital.
Knife Capital invests via a consortium of funding