Naspers reported a 24% rise in profit for the year that ended 31 March, boosted primarily by the performance of its investment in China’s Tencent Holdings, the company said on Monday.
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The SABC has hit out at MultiChoice – and its SuperSport subsidiary – for imposing conditions not acceptable to the public broadcaster for the upcoming British and Irish Lions tour.
Vodacom Group has awarded its CEO, Shameel Joosub, more than R44-million worth of share options, which will vest in three years provided they are not forfeited and performance conditions are met.
Constant power disruptions and the spiralling cost of electricity have pushed Mediclinic to start generating its own electricity.
Fibre-to-the-home operator Octotel, which was recently acquired by emerging markets investment firm Actis, is boosting customer line speeds at no cost, it said on Friday.
A floating gas-turbine generator meant to alleviate South Africa’s crippling power cuts has run into objections by oyster farmers and small-scale fishermen.
Turnover at the entertainment chain peaked in the year to 31 August 2010 at R952-million. It closed all remaining stores at the end last month, after announcing the decision in January.
The JSE-listed technology group known to most people as Altron, but which is technically Allied Electronics Corporation, is changing its name … to Altron.
The debacle surrounding South Africa’s bid to secure emergency power supplies has highlighted a dysfunctional energy policy that’s subjecting the country to intermittent blackouts.
The former chairman of both Telkom and Eskom, Jabu Mabuza, a widely admired businessman, died from Covid-19 complications on Wednesday, his family announced.