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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Naspers-backed cryptocurrency platform Luno is planning to increase its workforce by almost 60% to expand its South African headquarters and enter new markets in Southeast Asia.
Bitcoin breached $10 000 for the first time in about 15 months, recouping more than half of the parabolic increase that introduced mainstream investors to the digital asset.
Orange is considering a bid for a minority stake in Ethiopia’s state-owned phone monopoly as Africa’s second most populous country prepares to welcome foreign telecommunications investors for the first time.
A jobs bloodbath is looming at pay-television operator MultiChoice Group, which said on Friday it will enter into a “consultation process” with 2 194 of its employees as part of a “strategic realignment of its customer service delivery model”.
Naspers has finally given a name to its new global consumer Internet group, which it intends listing on Euronext Amsterdam in September, with an inward listing on the JSE.
Naspers has elected to cancel and reschedule a meeting of shareholders to approve the listing of its international Internet assets in Europe, with the target date for the listing now set for September.
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MTN Uganda has uncovered what it calls “irregular payments” totalling US$3,8m and has reported the matter to local police. The payments pertain to invoices for equipment the network never actually received. Uganda’s The Monitor newspaper reported at the weekend that MTN Uganda had been defrauded to the tune
The Kenyan government is ditching proprietary software in favour of free and open-source software alternatives in a move it hopes will save it money. According to a report in Business Daily, the migration away from proprietary systems will related costs go down by 20% initially but by as much as 80% within three
Attacks claimed by Nigerian Islamist group Boko Haram targeting mobile phone towers in recent days have also left 15 people dead and buildings burnt, including two schools, officials said Friday. More than two dozen mobile phone towers for various providers have been destroyed in cities across northern Nigeria this week
A radical Islamist sect that has attacked mosques, churches, schools and government buildings at will in Nigeria appears to have added a new target for its violence: mobile phone towers. Attacks in the last day have damaged more than 30 towers operated by all the major providers in the country, further
