Even after stronger revenue and margins at Takealot, the Naspers board declined to reverse a R5.9-billion impairment.
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The combined market value Naspers and Prosus CEO Fabricio Bloisi must double to earn the award has slipped over the year.
Payments giant Mastercard is selling security alongside transactions, with South Africa and Nigeria first in line.
Naspers subsidiary Prosus has reported its consumer platforms as profitable across all regions for the first time.
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A significant rise in MTN’s share price has led to long-term share incentives vesting at much higher values.
An independent non-executive director of MTN Group traded MTN ADRs in a closed period without prior clearance.
Online gambling and MVNO competition are weighing on MTN South Africa, which grew service revenue just 2% last year.
Ray Naicker left Nedbank in January and is expected to commence his new role in the third quarter of this year.
The ANC wants minister Solly Malatsi to explain to parliament how AI helped write South Africa’s draft AI policy.
Treasury extends fuel levy relief as diesel costs squeeze telecommunications operators and broader economy.
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Samsung faces growing competition from Chinese rivals such as Huawei Technologies and Honor.
Bitcoin climbed to an all-time high, bolstered by an increased risk appetite and persistent institutional demand.
OpenAI is close to releasing an AI-powered web browser that will challenge Google Chrome, sources said.
Apple took a challenge against EU regulators to Europe’s second highest court on Monday.
