Naspers CEO Bob van Dijk has been working for years to solve a problem rivals might envy – getting investors to value the South African firm nearer to its $133-billion stake in Tencent. A plan for a Dutch listing is his boldest step yet.
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TechCentral editor Duncan McLeod spoke to Naspers chief financial officer Basil Sgourdos about the group’s plans to list its international consumer Internet businesses in Amsterdam and what happens next.
EOH has expressed disappointment in the way Microsoft has handled the termination of their partnership agreements after the software giant extended the cancellations to more of its operating entities.
Apple has unveiled its own TV and movie streaming subscription service, joining juggernauts Netflix and Amazon Prime Video for a slice of the lucrative streaming business.
The cost of off-grid solar installations has decreased significantly over the last 10 years, with the prices of some components falling nearly 70%, prompting more South Africans to consider ditching Eskom entirely.
African Bank Holdings is joining the rush into digital banking to fail-proof the business and provide an exit for shareholders that resurrected the South African lender from its collapsed former parent.
YouTube has cancelled plans for high-end dramas and comedies, people with knowledge of the matter said, a pullback from its grand ambitions for a paid service with Hollywood-quality shows.
Keabetswe Modimoeng has been appointed as interim chair of communications regulator Icasa’s decision-making council following the axing last week of Rubben Mohlaloga.
Eskom said on Sunday evening that it is unlikely to implement rolling blackouts this week thanks to an improvement in plant performance.
A decision to stop a boiler-monitoring software contract worth R275-million between Eskom and Carab Technologies may have contributed to the rolling blackouts that are hobbling the nation, City Press reported.