Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days.
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Groupe Canal+ and Warner Bros Discovery have struck a last-minute agreement to keep channels like CNN on DStv.
The rand ended 2025 nearly 13% stronger against the US dollar, marking its biggest annual gain in 16 years.
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83.
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Vodafone Group has hinted it could spin off its African mobile money service M-Pesa after its popularity soared through the coronavirus pandemic.
Vodacom Group reported a strong 9% advance in revenue in the first quarter of its 2022 financial year, reaching R24.8-billion. If it hadn’t been for rand strength, the figure would have been 14.2%.
While government says it is investigating whether the apparent cyberattack on Transnet on Thursday is related to recent unrest in KwaZulu-Natal, a union has appealed for help to protect the state-run logistics and port operator.
State-owned logistics giant Transnet has fallen victim to a cyberattack, a report said on Friday. Details are still sketchy, but Transnet said an IT-related problem has affected container operations.
Convergence Partners, the private equity investment firm controlled by businessman and entrepreneur Andile Ngcaba, has announced the first close of its third fund after raising $120-million.
Chip makers from Taiwan to the US are cranking up production to address shortages that have hammered car manufacturers and other customers as they try to emerge from the coronavirus pandemic.
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Eric Schmidt, the former CEO of Google and one of the largest stakeholders in parent company Alphabet, will step down from Alphabet’s board in June.
Facebook CEO Mark Zuckerberg has pledged to start a “new chapter” for the social network as he unveiled the company’s plans to improve privacy.
Facebook is expected to provide more details on its plans to increase privacy and encryption when its annual developer conference begins on Tuesday night.
Alphabet’s first-quarter revenue missed analysts’ estimates, sparking concern that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company fell more than 7% following the results.
Last week Republicans seized on news that David Plouffe, a senior advisor in the White House, had accepted $100 000 from a subsidiary of MTN for two speeches he gave in Nigeria shortly before joining the White House staff in 2010. “Today’s story raises serious questions about [US President] Barack Obama’s senior
Telkom’s R449m fine handed down this week for anticompetitive practices could be only the start of its problems. Senior competition lawyers are expecting a string of damages claims from its competitors. The Competition Tribunal found Telkom guilty of anticompetitive practices, which opens
