Prosus has reported a 99% surge in adjusted core profit, driven by strong performances in digital services and e-commerce.
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Cell C has cut the offer price for its imminent JSE debut, trimming as much as R3.50/share off the bottom of the original range.
Nvidia insists the AI boom is no bubble, but rising client concentration and circular spending have analysts sounding alarms.
Nvidia on Wednesday surprised Wall Street with accelerating growth after several quarters of slowing sales.
S&P Global has raised South Africa’s foreign-currency long-term sovereign rating citing stronger growth prospects and an improving fiscal outlook.
The rand and South African shares and bonds extended their rally on Thursday as investors cheered signs of fiscal discipline.
Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share.
The Competition Commission has alleged that the JSE’s conduct has hampered the ability of rival exchange A2X to compete.
The world should watch out bubbles in financial markets, the head of the World Economic Forum has warned.
LLH Capital targets high-growth, founder-led businesses with a focus on financial services and telecommunications.