Patrice Motsepe’s African Rainbow Capital has increased the value it attaches to telecommunications operator Rain to R12.1-billion.

The astonishing things is that shareholders were asked to approve the new scheme – and did – without knowing what the performance condition was.

Frogfoot Networks has acquired the network assets and customer base of Blitz Fibre and entered into a deal with the company to accelerate the roll-out of fibre in multi-dwelling units across South Africa.

Scientists in the UK have made a “world-first” discovery on a distant planet that hosts both water and temperatures which could support life.

Customers of leading fibre-to-the-home broadband provider Cool Ideas have been suffering from intermittent and sometimes non-existent Internet access since Tuesday night.

Investors piled into Naspers’s newly listed Dutch unit, holding assets including a lucrative stake in Tencent Holdings, sending its shares soaring on their trading debut in Amsterdam.