Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days.
Top News
The Competition Tribunal has approved the sale of Herotel to Vumatel, but subject to an extensive set of conditions.
The Competition Commission has approved a deal that will see Open Access Data Centres expand its local footprint.
Netflix has taken a small but significant step with the launch of its first-ever daily highlights show for the Afcon football.
More News
“Anonymous Sudan” says it’s waging cyber strikes out of Africa on behalf of oppressed Muslims worldwide. Experts disagree.
The Reserve Bank will keep monetary policy tight for longer to tame persistent inflation, governor Lesetja Kganyago said.
The removal of the cross-holding structure will let Naspers continue its share buyback programme.
Inflation and rising interest rates in South Africa are two factors that Naspers has pointed to for a loss at Takealot.
Naspers on Tuesday reported a 78% slump in annual profit, led by a drop in the contribution from Tencent.
South African mining companies are developing a combined 6.5GW of renewable power, the Minerals Council said.
World News
Zoom shares tumbled nearly 17% on Tuesday after the video-conferencing company signalled a faster-than-expected drop in demand and analysts questioned its future plans.
Intuit, the developer of TurboTax and QuickBooks software, is in talks to buy e-mail marketing company Mailchimp for more than US$10-billion, according to a report.
Production of Apple’s latest smartwatch has been delayed due to its complicated design, the Nikkei reported on Tuesday, citing people familiar with the matter.
Apple’s push to bring satellite capabilities to the iPhone will be focused on emergency situations, allowing users to send texts to first responders and report crashes in areas without cellular coverage.
Stung by his ruling party’s worst electoral performance since the end of apartheid, President Jacob Zuma is going for broke in a battle to maintain his grip on power. The first casualties have been the rand and
Eskom’s board is facing calls to appear before parliament with documents relating to the Ingula pumped storage scheme, which has allegedly seen costs spiral from R8,9bn to R36bn. On 27 July, President Jacob Zuma
