Multinational media and technology company Naspers is gearing up to unveil an Internet streaming service that will take on Netflix in developing markets. A person with knowledge of the matter has said
Media and technology group Naspers is said to be planning a video-on-demand rival to Netflix, and may be intending to announce the new service at a media conference in South Africa as early as next week. Naspers owns MultiChoice, which operates
Two months after missing the international deadline for switching from analogue to digital terrestrial television, South Africa has still not begun commercial digital broadcasts. However, the department of communications said in parliament on Tuesday that it is
Twitter has been in the news recently, for all the wrong reasons. Business media report that Twitter shareholders are disappointed with the company’s latest results; this follows recent turmoil in the company’s leadership which saw the departure of controversial
Andile Ngcaba’s Convergence Partners is investing $20m (about R255m) in Venture Garden Nigeria (VGN), a diversified financial technology company with operations in Africa’s most populous market. The “strategic minority” stake is being bought
Eskom’s financial year ended March 2015 was unusually challenging, leading to the financial and operational health of the business deteriorating, according to acting CEO Brian Molefe. He spoke at a media briefing on Tuesday where Eskom released its
For all the attention garnered by Uber, with given cars being impounded, drivers being attacked and politicians being confused at how to regulate, there’s another disruptor rapidly – but quietly – being embraced in South Africa: Airbnb. And here there aren’t
Sharing the information on your salary slip is a taboo and most people would not open a dinner table discussion by laying bare the details of their monthly pay cheque. So how can you really be sure that you are earning the same as your colleague doing the same
While our gadgets these days are constantly getting smaller and more powerful, the development of commercial batteries both small enough and with sufficient capacity to feed their power-hungry demands has not quite kept pace. Lithium-ion batteries
Google announced a significant restructuring overnight, with a new holding company, Alphabet, to hold the search engine and other assets in the technology group. Google CEO Larry Page will become Alphabet’s CEO, with Sundar Pichai to take over as CEO