Naspers’s biggest shareholder is considering whether to reduce its R245-billion stake in Africa’s biggest company because of concern it’s overexposed to a single stock, sources said.
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All the latest technology news from South Africa and around the world.
Regulators will be watching closely when Facebook unveils its cryptocurrency project this week. Their vigilance is warranted.
Bitcoin climbed past $9 000, to its highest since May 2018, as reports that Facebook is due to unveil a digital currency added to optimism.
Government is considering a R3.2-billion guarantee for the country’s cash-strapped national broadcaster to help it raise money from lenders, according to a report.
Samsung Electronics vice chairman Jay Y Lee said the company will pursue investment in future businesses including 6G mobile networks and system semiconductors.
Bitcoin futures may be more important than many in the market appreciate, according to JPMorgan Chase & Co.
The merged departments of communications and telecommunications & postal services will in future be known as the department of communications & digital technologies.
Vodacom Group CEO Shameel Joosub took home 23.9% less in the 2019 financial year after he earned significantly less from short- and long-term incentives.
Huawei is to delay the launch of its first foldable smartphone, the Mate X, saying it wants to test the device further after rival Samsung suffered issues with its own foldable phone earlier this year.
Pioneering South African online kitchen and homeware retailer Yuppiechef is opening more physical stores in an omni-channel retail push.