Naspers is considering the listing of certain parts of its sprawling global media and technology business outside South Africa as the continent’s largest company by market value seeks to reduce its size.
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Cell C appears to be stepping up to try to take market share from rival MTN by appealing to consumers hungry for cheap access to social media platforms.
Altron has taken another big step in shedding its legacy industrial assets as the JSE-listed technology group transforms into an ICT-focused business.
Standard Bank Group has allocated R10-billion to fund energy projects in South Africa as the continent’s largest lender by assets grows more confident in its home market and invests in riskier ventures.
Telkom CEO Sipho Maseko earned total remuneration of R27.2-million in the 2018 financial year to 31 March, up from R25.9-million a year ago.
Vodacom Group had a robust first quarter of its 2019 financial year, growing subscriber numbers year on year by 2.5 million – 1.5 million of which were in South Africa.
Netflix is having a laugh – apparently at the expensive of MultiChoice’s DStv. It has posted a video on its social media channels about the supposed difficulties involved in installing a satellite-based television service.
Bitcoin’s rebound continued on Tuesday as the largest cryptocurrency climbed past the $8 000 level for the first time in two months.
Just 10 years ago, publishing and media accounted for 89% of Naspers’s revenue. Today, 79% of its revenue is derived from e-commerce and Internet businesses – and is growing.
Bitcoin pushed above $7 500 on Monday as the largest cryptocurrency resumed an advance that has carried it to the highest in two months.