A few feathers were ruffled at the ordinarily calm Naspers annual general meeting of shareholders on Friday, causing a former director to walk out and suggest other shareholders follow and chairman Koos Bekker to threaten to evict an activist
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The Gupta family has on Sunday pleaded with the Democratic Alliance’s David Maynier to stop using the family name “as a football in his party-politicking battles”. The family, in a statement, was responding to utterances
The Gupta family were like “rats abandoning a sinking ship in South Africa”, the Democratic Alliance’s David Maynier said on Sunday. His comment came after news broke on Saturday that the controversial family had
While Eskom said it remains committed to sign all of the remaining renewable energy independent power producer (REIPP) contracts under the current bid window, it reportedly backtracked on this pledge last week. Eskom CEO Brian Molefe
South Africa’s Gupta family, which has been accused of using its friendship with President Jacob Zuma for gain, plans to sell all its South African business interests by the end of the year. The family is in talks with
Reeling from his ruling party’s worst-ever election performance and a public backlash over a police investigations into his finance minister, President Jacob Zuma’s room to manoeuvre appears to be shrinking. Anxiety over whether
Naspers is facing challenges from weaker African currencies and competition from US technology operators as the continent’s biggest company by market values tries to grow its Internet and pay-TV businesses. Foreign-exchange movements
Communications minister Faith Muthambi has played down concerns of possible financial losses at the SABC. Earlier this year, the Sunday Times reported that an internal SABC document revealed that the broadcaster was expected
The Communication Workers Union (CWU) has applied for a court interdict against MTN over the company’s decision to outsource part of its call centre facility. The matter is scheduled to be heard on 31 August. MTN earlier said
The leaders of some of South Africa’s biggest information and communications technology companies, including the four mobile operators, have met and agreed that the only way of resolving the impasse over broadband spectrum