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

The ANC has told President Jacob Zuma’s government that it should rescind a decision to reappoint Brian Molefe as CEO of state power utility Eskom, party secretary-general Gwede Mantashe said. ANC officials told the government of their