Datatec CEO Jens Montanana has reset the floor and ceiling on a 2.4-million-share collar as the company’s share price surges.
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General Atlantic is backing Westcon-Comstor as investor and lender, freeing R7.1-billion for a planned special dividend.
Naspers and its European spin-off, Prosus, expect full-year core headline earnings to jump by up to 28%.
When the largest initial public offering in history hit the market, South Africans bought in fast.
Inflation rose by less than expected in May, which analysts said reduced the likelihood of another interest rate hike.
SpaceX roared past Amazon’s market valuation on Tuesday and briefly topped that of Microsoft.
Microsoft’s Xbox division is reportedly planning major layoffs next month and significant cuts to marketing and other budgets.
Altron FinTech’s household resilience index gives merchants and lenders early warning of consumer financial strain.
OpenAI’s listing will join SpaceX and Anthropic in a trio of trillion-dollar debuts testing investor appetite.
Business is calling for urgent intervention to stabilise a city that accounts for 16% of South Africa’s GDP.