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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The Hawks have made a second arrest related to a fraud and corruption investigation at Cell C, the elite police crime-fighting unit said on Wednesday.
Eskom said on Wednesday that it will implement stage-3 rotational load shedding with effect from 1pm, a dramatic escalation in the rolling blackouts that are paralysing the economy.
South Africa should speed up its vaccination programme and implement economic reforms to avoid further damage after virus restrictions pushed business confidence to a 35-year low in 2020, according to a local commerce group.
Wet coal aside, Eskom’s immediate outlook for its available generation capacity is much improved from a month ago. However, the longer-term outlook does not look encouraging.
MTN Group said on Tuesday that it has agreed to sell its 20% shareholding in BICS – formerly Belgacom International Carrier Services – to Proximus Group in a transaction worth R1.8-billion.
Apple’s iPhone 12 mini sales are a tiny fraction of overall sales, indicating signs of muted demand for the new, smaller version of its flagship device and a demand among consumers for bigger handsets.
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Not only has the Chinese Internet giant lost more market value than any other company worldwide this year, its 38% drop from a closing high in January is now the deepest since Tencent’s 2004 listing in Hong Kong.
A North Korean hacking group has tried to steal at least $1.1-billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye.
Netflix is buying its first production studio, the New Mexico facility used to make The Avengers and Sicario, to accommodate its growing output of original movies and television shows.
The silence of Tesla’s board over the past two days after Elon Musk went on another Twitter tirade raises fresh questions about who has what it takes to oversee the unpredictable CEO.
Telkom’s mobile operator, 8ta, will double the number of base stations active in its network in the next nine months, increasing population coverage from 25% now to between 35% and 40% by the end of the first quarter of 2012
All currencies are based on trust. In the days of the gold standard, that meant trusting that paper money was backed by bullion in a reserve. Centralisation was necessary in order to prevent counterfeiting and ensure money wasn’t simply printed on a whim. Of course, experience
