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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South Africa will hold national and provincial elections on 29 May, President Cyril Ramaphosa’s office announced.
It was primed for success. And then suddenly it wasn’t. The fizz has gone out of the energy drink Prime.
The popularity of airtime advances is growing as consumers come under mounting financial pressure.
Gauteng premier Panyaza Lesufi has promised a “smart province”, efficient service delivery and an end to e-tolls.
Lockbit, a notorious cybercrime gang, has been disrupted in a rare international law enforcement operation.
On a risk-adjusted basis, there are more compelling stocks to buy in the relatively cheap South African market.
World News
Visa, the world’s largest payment processor, launched a global crypto advisory service for its banking clients and merchants on Wednesday.
Samsung Electronics will merge its mobile and consumer electronics divisions and has named new co-CEOs in its biggest reshuffle since 2017.
Cash in circulation in Nigeria rose to a record in October despite a push by authorities to engender cashless transactions and control money supply.
The global advertising industry will notch higher growth this year than previously, according to two ad industry forecasts released on Monday.
The long-orchestrated plan to cement Jay Y Lee’s position atop Samsung Group may put him in jail instead, raising questions about who would step in to run South Korea’s biggest conglomerate in the aftermath. Prosecutors are seeking
Ten years ago this week, Steve Jobs took to a stage in San Francisco to unveil the first iPhone. In the intervening decade, Apple’s iconic device has revolutionised the way people communicate. But as Apple celebrates 10 years since the iPhone
