Adobe has agreed to buy software design start-up Figma in a deal valued at $20-billion to help it expand tools for creative professionals.
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Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans.
African Rainbow Capital Investments has attached a valuation to wireless Internet operator Rain of R17.9-billion, a 7.9% increase over last year’s figure.
Global technology stocks are treading on shaky ground despite last week’s rally, as chip makers signal more trouble may be ahead.
Sanari Capital has announced the first close of a new, R475-million private equity fund for investment in South African growth companies.
Tencent shares worth $7.6-billion have appeared in Hong Kong’s clearing and settlement system, spurring speculation.
For early backers, including Naspers, they’ve been some of the most profitable Chinese stock investments of all time.
South Africa’s economy contracted back to pre-pandemic size in the second quarter, weakened by the country’s worst-ever power cuts.
The rand weakened as the dollar hit a two-decade high after US data showed a strong economy, raising expectations of higher interest rates.
Investment holding company Huge Group plans to make a “significant” investment in Interfile Group, a specialist software company.