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
Econet Media has placed its satellite broadcasting business into administration, Business Day reported.
Just a few years back it was one of the hottest sectors on the JSE, with large companies like EOH, BCX and Altron being staples in many portfolios. No more.
A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Now the continent’s biggest company, Naspers just named its first woman, and first black person, as CEO.
The “first of its kind” live holographic projection of President Cyril Ramaphosa’s address will be transmitted to the Rustenburg Civic Centre in the North West
EOH Holdings will publish the findings of a wide-ranging independent investigation into alleged corruption involving public sector contracts, the JSE-listed IT services group told shareholders on Wednesday.
Naspers has appointed Phuthi Mahanyele-Dabengwa as CEO of its South Africa business. It’s a newly created executive position, and Mahanyele-Dabengwa will report directly to CEO Bob van Dijk.
World News
Kenyan power utility Kenya Power will distribute 3,3m energy-efficient light bulbs to its customers at a cost of KSh1,3bn (US$15,2m). The project is expected to reduce power consumption by the utility’s domestic customers by 130MW during peak hours and is expected to serve as a revenue source for Kenya
A year after having its offer to buy 20% of Telkom spurned by the South African government, Korea’s KT Corp has agreed to pour US$140m into building a national fourth-generation (4G) mobile network in Rwanda that will serve 95% of that country’s population. The Rwandan
The largest of the current online platforms, both on mobile and PC, is iRoking – part of iRoko Partners, which also runs a Nollywood film platform in parallel. It received investment from US private equity fund Tiger Global and has been expanding its reach and recently opened a South African office
The Kenyan government may have to inject Ksh6bn (R700m) into troubled fixed-line operator Telkom Kenya, according to Kenyan media reports. France’s Orange owns 51% of the company. Telkom Kenya has requested a total of Ksh13,9bn (R1,6bn) from government and Orange, saying it needs the cash to pre-empt a deepening
