JSE-listed media and e-commerce giant Naspers has announced it will invest R960m in South African e-retailer Takealot Online – which owns Takealot.com and other assets – in the process taking a majority stake in the company. In a statement
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Newly appointed Altron CEO Mteto Nyati has moved quickly to stamp his authority on the listed technology company, naming a new executive committee and scrapping “redundant” positions. The idea behind the restructuring is to
A week after President Jacob Zuma appeared to have weathered calls to resign, former leaders of the ANC are ratcheting up pressure on him to quit after his shock cabinet purge prompted two ratings agencies to downgrade the
Qualcomm has accused Apple of lying to regulators to spur investigations of the chip maker, and threatening it to cover up the use of inferior parts in some iPhones. The world’s largest maker of phone semiconductors responded to
While Vodacom’s “overhaul” of its Smart and Red integrated contract plans has meant an increase in the number of bundled minutes, SMSes and data practically across the board, it has also managed to lift the pricing for these plans. Its mid-level Smart M+ plan is now
Just a week after downgrading South Africa’s foreign currency rating to “junk”, S&P Global Ratings has changed its rating outlook on the country’s biggest fixed-line telecommunications operator, Telkom, to “negative”. Its rating has been
Elon Musk’s Tesla briefly surpassed General Motors to become America’s most valuable car maker, eclipsing a company whose well-being was once viewed as interdependent with the nation’s. A week after topping Ford, Tesla climbed
Social development minister Bathabile Dlamini bypassed officials at the country’s welfare department and helped create a crisis that would ensure that Net1 UEPS Technologies would continue to distribute payments on behalf of the government
It’s time for the humans to have another Go. An artificial intelligence program romped to a lopsided victory over South Korean Go master Lee Sedol in 2016. Now, Google DeepMind’s AI software is heading to the
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