More News

Remgro-controlled CIVH reduced its losses in the year ended 30 June 2021, with its contribution to headline earnings of a loss of R435-million, from R649-million a year ago.

World News

Sony is buying EMI Music Publishing, getting its hands on a catalogue of 2.1m songs from Beyonce, Carole King and other artists as it embarks on a new growth plan built on content and services. The Japanese company will

Sony is done working for peanuts in the hardware business. Kenichiro Yoshida, who took over as CEO in April, is set to unveil a three-year plan on Tuesday that embraces Sony’s growing reliance on income from gaming

BMC Software is working with advisers to weigh a sale, according to people familiar with the matter, five years after Bain Capital and Golden Gate Capital took it private in a $6.9bn deal. The IT management provider has drawn

There will soon be clarity on how hundreds of millions of rand in the Universal Service Fund will be spent. The money is meant to be used to facilitate the roll-out of telecommunications infrastructure in underserviced and rural parts of SA, but has remained largely untapped for years. Now Phineas Moleele, the newly appointed CEO at the Universal Service & Access Agency of SA (Usaasa), the government body established to administer the fund, is promising to start using the money in the fund.

With MTN’s cellular network acquisitions in emerging markets on hold, analysts say the group can probably be considered a mature business. But there are still opportunities in the business services sector, they say. MTN told shareholders on Thursday that acquisition opportunities in emerging markets are becoming harder to find.