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
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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
An analysis of MTN’s third quarter results, published on Thursday, show the telecommunications group’s South Africa operation may finally be putting its weak performance of recent years behind it. However, it’s still struggling to grow its post-paid subscriber base
Vumatel, the telecommunications start-up challenging Telkom’s dominance of fixed-line broadband in some of Johannesburg’s upmarket suburbs, has announced it is expanding its network to five new areas
Bookings for one of the most widely anticipated releases of 2015, Star Wars: The Force Awakens, are now officially open at the Ster-Kinekor box office. Bookings opened on Monday, 19 October, and a record number of 2 299 tickets were snapped up on the first day
Government proposes to use a R2bn portion from its sale of Vodacom shares for South Africa’s initial capital contribution to the New Development Bank. The share sale is expected to yield
Finance minister Nhlanhla Nene has announced a new government procurement website and other measures aimed at making it more efficient for the state to procure good and services. In his medium-term
Finance minister Nhlanhla Nene plans to shift R1bn for the roll-out of broadband infrastructure and broadcast digital migration. This is according to government’s medium term budget policy
The department of home affairs says it has noted with concern media reports alleging that minister Malusi Gigaba had intentionally misled the nation by implying that no fraud or corruption had been