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
Facebook is to launch a cryptocurrency next year – backed by the likes of Mastercard, Visa and PayPal – which will allow people to move money from their smartphones.
Facebook has announced its own form of cryptocurrency called Libra alongside a digital wallet named Calibra, which will allow users to pay for everyday items directly using their smartphone.
Apple is strongly rumoured to be putting its standard iPhone model on a diet next year, releasing a 5G version with a 5.45-inch screen, down from 5.8 inches in the current Xs model.
Apple boss Tim Cook has taken aim at “chaos factory” technology giants for failing to take responsibility for data breaches and privacy violations.
Naspers’s biggest shareholder is considering whether to reduce its R245-billion stake in Africa’s biggest company because of concern it’s overexposed to a single stock, sources said.
Regulators will be watching closely when Facebook unveils its cryptocurrency project this week. Their vigilance is warranted.
World News
Struggling Finnish mobile phone manufacturer Nokia will slash an additional 10 000 jobs, on top of 14 000 job losses in 2011, as it struggles to make headway against Samsung and Apple in the smartphone market. The company, headed by Canadian national Stephen Elop, says it aims
Two of the UK’s biggest mobile operators, Vodafone and O2 (owned by Spain’s Telefonica), have announced they will pool infrastructure in a bid to reduce costs and build a platform for next-generation long-term evolution (LTE) networks in a move that could point the way for SA operators to build their own
Mobile operator Smile Telecoms has launched a long-term evolution (LTE) network in Dar es Salaam in Tanzania, beating SA to the punch to roll out the next-generation mobile technology on a commercial basis. LTE, sometimes referred to as 4G, offers
PicPlz, a competitor to photo-sharing service Instagram, has told users it will be shutting down its service at the beginning of next month and deleting all images off its servers. Users can download their images before 3 July. In a post on its website, PicPlz says a decision has been taken “to move on
