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Naspers South Africa CEO sells R240-million in shares

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.

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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

United Nations agency, the International Telecommunication Union (ITU), has ranked Zimbabwe second in the “most dynamic country” category of its latest measurements of ICT development. This development is measured using the ITU’s ICT Development Index

M-Pesa, which has more than 14m subscribers in Kenya, could be forced to increase transaction costs by 10% as East African nation’s treasury looks to impose a levy on transactions made using the mobile money transfer service. Though Kenya’s treasury says it expects mobile