Naspers shares rallied to an all-time high on Monday amid continued optimism over the growth prospects of its Chinese affiliate, Tencent. The share touched a new high of R2 873.93 in afternoon trade on the JSE, before
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Eskom staff received a huge bonanza on 11 July when their performance bonuses were paid out, at an average of R88 883.35/employee. On the same night, the presentation of the utility’s annual financial
Naspers has awarded CEO Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks to boost its global Internet businesses amid declining profit at the sub-Saharan
Government may be forced to sell part of its stake in Telkom to fund South African Airways, it was reported on Friday. News24 reported finance minister Malusi Gigaba as saying saying that government
The Black Sash Trust, a civil rights group, has asked South Africa’s supreme court of appeal to let it seek to overturn a high court ruling allowing Net1 UEPS Technologies to continue making deductions from
Following the “precautionary” suspension last week for SAP Africa’s top four executives over allegations that the German company’s South African office paid kickbacks to a Gupta-owned firm to secure business
Despite weak economic conditions, Vodacom has delivered an impressive financial performance in the first quarter of its 2018 financial year, with the good numbers underpinned by robust demand for data services
Qualcomm has built a sub-$20 4G/LTE “reference design” phone that it hopes third-party manufacturers will soon bring to the South African market. Apart from lowering the bar to access, the phone, once built by smartphone makers
Eskom CFO Anoj Singh on Wednesday promised to submit what he called a “tell-all” report about two trips he allegedly undertook to Dubai that were allegedly paid for by the controversial Gupta family. Journalists
The Reserve Bank cut borrowing costs for the first time in five years as inflation eased to a 19-month low and the economy suffers through the second recession in almost a decade. The Monetary Policy Committee