Prosus has fully cut its stake in Chinese online travel agency company Trip.com, according to sources.
Browsing: Investment
The rand has extended its recent rally, strengthening to a fresh 20-month high against the US dollar.
The head of South Africa’s flagship empowerment commission plans to introduce additional incentives and potential fines.
South Africa’s coalition government has triggered a wave of investment announcements and positive sentiment not seen in years.
Regulatory roadblocks preventing Vodacom from buying into Maziv have led to a decline in fibre investment, Remgro’s CEO said.
Mustek sees a “more stable period ahead” after slashing its dividend by 90% and reported an 82% slump in Heps.
Remgro-controlled CIVH, which ultimately owns Vumatel and Dark Fibre Africa, through Maziv, has swung to a loss.
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Consumer confidence recovered further in the third quarter to its best since 2019.
JSE- and Nasdaq-listed Lesaka Technologies has grown full-year revenue by 11% to R10.6-billion.