Naspers is considering the sale of its pay-television business in Africa as sluggish economic expansion in key markets stifles growth and viewers switch to cheaper online alternatives, according to two people familiar with the matter
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Google has been trying to move beyond advertising for some time, with mixed results. At its annual I/O developer conference this year, the company multiplied efforts to make money in
Telkom wholesale division Openserve is cutting IP Connect prices again in a move that should ultimately lead to lower prices for fixed-line broadband users. IPC is the way in which Internet service
Facebook was fined €110m (about R1,6bn) by the European Union for misleading regulators during a 2014 review of the WhatsApp messaging service takeover on the same day the EU threatened
Google is making another go at getting cheap Android phones to support its latest software, an attempt to lock more consumers in the developing world into the Internet giant’s services. The new programme, called Android
Eskom is open to doing more business with the African continent, the utility said on Tuesday. Speaking at the annual African Utility Week that kicked off in Cape Town, Eskom chairman Ben Ngubane said that in the past 18 months, the power
After months of attacks by opposition parties, labour unions and the courts, President Jacob Zuma now appears to be on a collision course with a more dangerous adversary: his own ruling ANC. ANC secretary-general
A Rwandan regulator has imposed a fine equivalent to R112m on MTN, the JSE-listed telecommunications group said on Wednesday. The fine, a tiny fraction of the one imposed on its by
Tencent Holdings, in which South Africa’s Naspers holds a one-third stake, posted quarterly sales and profit that topped all analyst estimates as blockbuster titles including Honour of Kings drove a billion-plus users on WeChat
African Media Entertainment has made an offer to acquire financial news website Moneyweb in a deal worth as much as R29,6m. The deal, if it gets approved, will lead to Moneyweb’s delisting. In a statement issued after markets closed on