Prosus, the giant investor in online classifieds, food delivery and payments, expects to report a 16.9% to 22.7% growth in earnings per share for the six months to the end of September, it said on Monday.
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Apple’s ad tracking is the target of two complaints to Spanish and German authorities by a privacy advocate whose earlier legal battles are forcing Facebook to change the way it transfers data.
Vodacom Group reinstated growth targets and said it has the financial strength to take part in a long-awaited auction of broadband spectrum in South Africa.
MultiChoice Group chief financial officer Tim Jacobs has said in an interview with TechCentral that the pay-television broadcaster will “keep an open mind” to any approach by France’s Canal+.
Telkom CEO Sipho Maseko pointed out something of the obvious at the group’s interim results presentation earlier this week: the telecommunications group is undervalued.
MultiChoice Group has expanded its repertoire with an agreement to buy a 20% stake in Africa-focused sports-betting platform BetKing for as much as R1.8-billion.
Investment holding company Kagiso Capital has invested R100-million in Stellenbosch-based Alphawave Group, a specialist technology investment firm.
Technology group Alviva Holdings said on Thursday that it has agreed to buy rival Tarsus Technology Group for a maximum consideration of R185.4-million in cash.
MultiChoice Group delivered a 41% year-on-year improvement in core headline earnings per share in the six months ended 30 September 2020, even as revenue barely budged at R26.1-billion.
A new research report published by Google and the International Finance Corp has found that Africa’s Internet economy could contribute 5.2% of the continent’s GDP within five years.