Reunert’s ICT segment has helped the JSE-listed group report a strong performance for the year to September 2021.
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Shares of Zoom Video Communications slumped to 17-month lows on Tuesday amid stiff competition from deep-pocketed rivals.
Apple shares hit a record high on Monday amid its longest rally in months.
The rand hit a new 12-month low in early trade on Tuesday, as the dollar jumped on bets for quicker interest rate increases in the US.
Naspers first-half profit climbed 11%, driven by a large contribution from Chinese Internet giant Tencent.
South Africa’s decline is accelerating and the country risks becoming a lower-middle-income nation by 2028, a new model shows.
Nvidia could become the first trillion-dollar semiconductor company, analysts believe, after an extraordinary rise in its valuation this year.
The South African Reserve Bank raised its main lending rate by 25 basis points to 3.75% on Thursday, citing increased inflation risks.
Tesla CEO Elon Musk got into a spat with Bernie Sanders on Sunday after the US senator demanded the wealthy pay their “fair share” of taxes.
There is excellent upside potential in Naspers and Prosus’s overall portfolio of assets outside of the celebrated stake in Tencent. By Marc Talpert.