Naspers and its European spin-off, Prosus, expect full-year core headline earnings to jump by up to 28%.
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General Atlantic is backing Westcon-Comstor as investor and lender, freeing R7.1-billion for a planned special dividend.
Meta Platforms’ paid WhatsApp messaging tier adds stickers, themes and custom icons for R28.99/month.
Visa is readying South African banks for AI shopping agents, and its OpenAI deal adds further momentum.
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MVNO challengers are winning over consumers disaffected by poor service from South Africa’s big telecoms operators.
Naspers has declared and finalised a five-for-one share split, saying the move will make the stock more accessible to investors.
The pieces are finally moving into place for one of the most significant media deals in South African corporate history.
The Competition Commission’s Hardin Ratshisusu has warned that getting AI regulation wrong could stifle innovation.
Dan Marokane has again pledged that the state-owned power utility will hold future electricity tariff hikes below 10%.
Google parent Alphabet hit a market capitalisation of $3-trillion for the first time on Monday.
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Investors fear Apple is losing clout in China, a long-prized market that generates roughly a fifth of its sales.
Microsoft’s Xbox Game Pass has scored its biggest hit from an outside developer with Palworld.
Elon Musk’s $55-billion pay package at Tesla was struck down by a US judge after a shareholder challenged it as excessive.
The US SEC is likely to allow ETFs to hold ethereum from May, Standard Chartered predicts.
Eskom is broke and can’t invest in any further capacity. Independent power producers will have to do it, and they will need an independent transmission and market operator that they trust.
Even in a year when bashing tech companies has become a bipartisan avocation, last week’s US antitrust assault on Facebook stands out.
