Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days.
Top News
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.
More News
Zunaid Mayet, Rob Godlonton and Pumeza Bam were not implicated in corruption and were not dismissed, EOH Holdings CEO Stephen van Coller said on Tuesday.
South Africa’s indebted power utility Eskom was already searching for a CEO and an executive to lead a turnaround of the company. It will now have to cast its net even wider to include a treasurer.
The US congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for libra was likely a public relations effort gone bad.
The company that brought you free digital maps and e-mail wants to do the same thing for your drone.
Two of EOH Holdings’ most senior executives have resigned. Zunaid Mayet, a former group CEO and most recently CEO of Nextec, and Rob Godlonton, the CEO of EOH’s ICT business, have quit with immediate effect.
EOH Holdings CEO Stephen van Coller will hold a media conference on Tuesday morning at which he is expected to publish the findings of an ENSafrica investigation into alleged corruption in the group’s public sector contracts.
World News
The Zambia Information and Communication Technology Authority (Zicta) last week implemented a Sim card switch-off after the deadline for registration came to an end on 31 January, reportedly cutting off more than 2m cards in the process. The regulator had warned users that it would
Cameroon’s government is hanging on to its monopoly state telecommunications provider, Camtel, and the result is that the country now has some of the highest international and national wholesale fibre rates on the continent. The country refused World Bank funding because it
Altech, a subsidiary of Altron, plans to sell its Liquid Telecom stake, acquired in January 2013, to Econet Wireless, Liquid’s parent company. The 8,6% stake will be sold to Econet for US$55m, giving Liquid an implied value of $640m. Altech says it is exercising this option because the stake
YooMe is a privately held Swiss company that has two African Internet service provider (ISP) businesses, one in Cameroon and the other to open soon in Côte d’Ivoire. Its CEO, Dov Bar Gera, has set up and sold ISPs in Eastern Europe, but his focus now is Africa. YooMe’s Cameroon operation has deployed WiMax
