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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Denel has received a loan to pay its staff their full salaries this month, according to public enterprises minister Pravin Gordhan, giving the company a short-term reprieve from a cash crisis.
Technology group Etion has reported a 108% slide in full-year headline earnings per share to a loss of 0.56c and has blamed the weak South African economy for the poor performance.
A meltdown at some of South Africa’s biggest state companies is intensifying, placing the nation’s finances at risk and frustrating President Cyril Ramaphosa’s efforts to attract new investment and resuscitate a moribund economy.
Telkom Group CEO Sipho Maseko has sold more than 112 000 shares in the telecommunications operator, bagging R10.8-million in the process.
The South African Revenue Service has encouraged taxpayers to submit income tax returns via e-filing or a new MobiApp when the tax season commences on 1 July.
State-owned arms manufacturer Denel said it doesn’t have enough cash to pay its staff their full salaries this month, joining other government-owned companies clamouring for support in South Africa.
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UK telecommunications group BT, formerly British Telecom, has launched what it claims is the first ever trial of a 10Gbit/s or “hyper-fast” broadband network in a “live working environment”. Cornwall-based engineering firm Arcol UK Ltd is the test site for deployment of the new technology where
A planned fifth undersea fibre-optic cable for Kenya will double the East African nation’s Internet capacity to more than 15Tbit/s from its current capacity of 8,6Tbit/s. However, it appears unlikely the new capacity will prompt the rapid price reductions many
Namibia’s largest mobile network, MTC, says it will cover 45% of the desert nation with a fourth-generation long-term evolution (4G/LTE) mobile network by the end of 2013. The company also intends extending its fibre-optic network to offer direct fibre services to businesses and
Indian telecommunications company Bharti Airtel says it now has more than 60m active users in Africa. It added 10m subscribers in less than 12 months and says this growth has helped make it the fourth largest mobile operator worldwide and Airtel one of the largest players in Africa. The company
