MTN Group plans to push ahead with an initial public offering of its Nigeria unit in April or May once Africa’s biggest wireless carrier resolves a $2-billion tax dispute in the country.

Naspers wants to spend about $1-billion in India this year as it scours the globe for investments that can replicate its blockbuster bet on China’s Tencent, a person familiar with the matter said.

It’s not even the end of the first quarter and already there’s a plethora of once-significant South African companies that have either collapsed or had their share prices hit the wall.

Jumia has kick-started a plan to sell shares in New York as the fast-growing Nigerian firm seeks to take advantage of rising Internet access and increasing smartphone use on the continent.

As Eskom continues to warn consumers of rotational load shedding, deputy President David Mabuza has told MPs that the power utility has developed a detailed turnaround plan to address its challenges.

One of the world’s biggest website hosting providers, GoDaddy, has officially been launched in South Africa, offering .co.za domain registrations at just R10 for the first year.