The rand plunged to a three-year low on Wednesday as fears grew of load shedding worsening during winter.
Browsing: Investment
Prosus is exploring potential divestments from fintech company PayU, according to people familiar with the matter.
Apple’s stock surged nearly almost 5% on Friday, hitting a nine-month high.
Microsoft beat estimates for quarterly revenue and profit, with the company saying that artificial intelligence products are helping stimulate sales.
Naspers-owned Prosus has continued its selloff of China’s Tencent, bringing its stake in the Chinese internet giant to under 26%.
Alphabet shares fell sharply after a report that Samsung was considering replacing Google with Bing as the default search engine on its devices.
The Competition Commission has approved Microsoft’s blockbuster acquisition of videogame player Activision Blizzard.
Altron expects to report double-digit revenue growth from continuing operations for the year ended 28 February 2023.
Promoted | Samsung’s continued investment in South Africa has contributed to the company’s level-1 B-BBEE status for five consecutive years.
Tencent Holdings tumbled by the most in seven weeks amid speculation its controlling shareholder, Naspers-controlled Prosus, may speed up selling shares.