South Africa’s recovery from its deepest economic contraction in almost three decades risks stalling due to the fallout from a fourth wave of coronavirus infections.
Browsing: Investment
Tencent will hand a R258-billion JD.com stake as a dividend to its shareholders, raising questions about its plans for other holdings.
Naspers Foundry has invested R54-million in car subscription company Planet42 as part of a R91-million total equity funding round.
China’s biggest live-streaming and e-commerce platforms saw shares drop after the country slapped an unprecedented tax evasion fine on a top influencer.
Businesses countrywide will from 1 February pay up to 1 700% more for unrest insurance, with e-commerce companies are also in for a nasty surprise.
SweepSouth, the on-demand home cleaning company backed by Naspers, has acquired 100% of FilKhedma, an Egyptian start-up.
South Africa’s inflation rate jumped to the highest level in almost five years in November.
South Africa recorded R557.9-billion of foreign direct investment inflows in the third quarter of 2021.
The US will add eight Chinese companies, including the world’s largest commercial drone manufacturer, to an investment blacklist this week, the Financial Times reported.
Apple analysts just keep getting more bullish.