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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Eskom has advertised for a new CEO two months after Phakamani Hadebe announced he’d vacate the post.
South Africa will ramp up support for its ailing state-owned power utility Eskom with an additional R59-billion spread over two years.
Interswitch, a Nigeria-based payments firm, has hired advisers to resurrect plans for a stock-market listing in London and Lagos later this year, people familiar with the matter said.
Well-known South African hosting provider Hetzner has changed its name to Xneelo, it said on Monday.
Bob van Dijk received almost R1.9-billion in salary, incentives, and vested share options and shares appreciation rights in the year to March 2019, a regulatory filing published on Friday shows.
As part of an ambitious reform programme, Prime Minister Abiy Ahmed plans to award telecommunications licences to two private operators next year, and sell a minority stake in Ethio Telecom.
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South Africa’s MTN Group and India’s Bharti Airtel have reached an agreement to launch cross-border remittance services between Cote d’Ivoire and Burkina Faso for the telecommunications operators’ Mobile Money customers on either side of the border
Sweden-headquartered telecommunications and media company Millicom is building a technology incubator in Rwanda to develop digital solutions. The incubator, called “think”, will be located in the capital, Kigali, and will be used to develop “innovative and scalable” businesses in which Millicom will take an equity stake. Potential
Mobile money system M-Pesa, a service that originated in Kenya through Safaricom, in which Vodafone has a 40% stake, is making its way to Europe for the first time. The service is be introduced in Romania, reportedly the first time a mainstream mobile money service has made
Text messaging may be dying out as a means of communication in many parts of the advanced world, but it may yet prove to be a vital life-saver in flood-prone African villages. An early-warning system that aims to capitalise on the explosive growth of mobile phone
