A Rwandan regulator has imposed a fine equivalent to R112m on MTN, the JSE-listed telecommunications group said on Wednesday. The fine, a tiny fraction of the one imposed on its by

Tencent Holdings, in which South Africa’s Naspers holds a one-third stake, posted quarterly sales and profit that topped all analyst estimates as blockbuster titles including Honour of Kings drove a billion-plus users on WeChat

African Media Entertainment has made an offer to acquire financial news website Moneyweb in a deal worth as much as R29,6m. The deal, if it gets approved, will lead to Moneyweb’s delisting. In a statement issued after markets closed on

JSE-listed speciality finance company Capital Appreciation has acquired financial technology firm Synthesis for R132,1m. Synthesis is a specialised fintech company that provides software development, consulting and integration

The newly reinstated head of South Africa’s power utility has been accused of attempting to influence a former minister, reversed plans to close power plants that his predecessor claimed weren’t needed, and set the country’s ruling party

Apple plans to announce an update to its laptop line-up at an annual conference for app developers in early June, a move that could help offset new competition from Microsoft as well as declining iPad sales. The company is planning three