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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The Competition Tribunal has approved the sale of Herotel to Vumatel, but subject to an extensive set of conditions.
The Competition Commission has approved a deal that will see Open Access Data Centres expand its local footprint.
Netflix has taken a small but significant step with the launch of its first-ever daily highlights show for the Afcon football.
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Amazon Web Services plans to invest more than R365-million in developing 100% black-owned small ICT businesses in South Africa as part of an “equity equivalence” programme.
OLX Group, the Internet classifieds business in the Prosus stable, said on Monday that it will increase its ownership in online car marketplace Frontier Car Group.
First National Bank’s new First Business Zero Account, with no monthly fees, has made competitors sit up and take notice.
Vodacom Group eked out a 1.2% improvement in normalised operating profit for the six months ended 30 September 2019 on the back of 2.5% growth in both normalised revenue and service revenue.
France is weighing providing financial support to South Africa’s indebted utility Eskom, according to a newspaper report at the weekend.
Bitcoin’s push back below $9 000 has a key technical indicator suggesting the cryptocurrency risks entering a selling trend.
World News
Porsche will add more than 1 400 new jobs as it revs up development of its first all-electric sports car to challenge Tesla Motors. Some 1 200 jobs alone will be added at facilities in and around its main factory in
BT Group should be permitted to retain ownership of the UK’s main broadband network, but it needs to give rivals better access to it, regulator Ofcom said. Ofcom called on BT, the UK’s former telecommunications monopoly
Ericsson CEO Hans Vestberg stepped down after six and a half years at the helm of the Swedish telephone equipment maker, a period marked by a falling stock price, intense competition and investigations into the company’s business
On Monday, Yahoo’s years-long fight to survive as a standalone company will draw to a close. Verizon Communications will announce plans to buy Yahoo’s core assets for a bit more than US$4,8bn before the market opens, said
