South African media and technology giant Naspers on Friday morning announced it is upping its stake in Russian classifieds platform Avito from 17,4% to 67,9% in a deal valued at a whopping US$1,2bn (about R16bn). In a statement, Naspers said it invested initially
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An analysis of MTN’s third quarter results, published on Thursday, show the telecommunications group’s South Africa operation may finally be putting its weak performance of recent years behind it. However, it’s still struggling to grow its post-paid subscriber base
Vumatel, the telecommunications start-up challenging Telkom’s dominance of fixed-line broadband in some of Johannesburg’s upmarket suburbs, has announced it is expanding its network to five new areas
There has always been something a little special about Sony’s Xperia Z line-up. The smartphones have always exuded style, both in terms of hardware design and the work Sony has done to create an
Apple has removed 250 apps from the App Store because they were secretly stealing users’ account and device identifiers to Chinese advertiser Youmi. The developers of the apps were unaware that this was happening as they were simply using Youmi’s service to display ads
Government proposes to use a R2bn portion from its sale of Vodacom shares for South Africa’s initial capital contribution to the New Development Bank. The share sale is expected to yield
Finance minister Nhlanhla Nene has announced a new government procurement website and other measures aimed at making it more efficient for the state to procure good and services. In his medium-term
The Independent Communications Authority of South Africa this week tabled its 2015 annual report to parliament. It paints a bleak picture of the authority’s performance during the past financial period. The organisation is sitting at a desolate performance rate of 29%
In mid-July 2009, in a twist of irony, online retailer Amazon unilaterally removed digital copies of George Orwell’s classic novel 1984 from a number of Kindle e-readers. Customers were outraged. If it wasn’t for the fact that it really happened, it would surely