Naspers plans to sell about 22 million shares in Prosus to increase the free float of its European-listed Internet spin-off.
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Less than a month into 2020, South African companies have already announced thousands of job cuts. In a country where a third of the labour force is already unemployed, this will put even more strain on economic growth.
Apple suppliers plan to begin assembling a new low-cost iPhone in February, people familiar with the plan said, as the company looks to address a wider swathe of the global smartphone market.
Data centre operator Teraco said on Wednesday that it is now offering VMware Cloud services from its facilities in Johannesburg and Cape Town.
Extreme weather has delayed the departure of a ship from Cape Town, whose crew has been tasked with fixing two subsea cable breaks that are negatively affecting international connectivity in South Africa.
New independent research shows that MTN has South Africa’s best mobile network and beats its rivals in every category, from consistent quality to download and upload speeds.
South African Airways has cancelled international flights between Johannesburg and Munich along with a range of local flights between Johannesburg and Cape Town and Johannesburg and Durban.
The financial crisis at South African Airways deepened on Tuesday with one of the nation’s largest travel agencies announcing that the airline had cancelled several domestic and international flights.
Stellenbosch-based field sales technology provider Skynamo has secured a $30-million investment from American software investor Five Elms Capital.
Liquid Telecom on Monday confirmed that it will launch a wholesale 5G network “early in 2020”. Vodacom is set to be one of the first customers to use it.











