Naspers and its European spin-off, Prosus, expect full-year core headline earnings to jump by up to 28%.
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General Atlantic is backing Westcon-Comstor as investor and lender, freeing R7.1-billion for a planned special dividend.
Meta Platforms’ paid WhatsApp messaging tier adds stickers, themes and custom icons for R28.99/month.
Visa is readying South African banks for AI shopping agents, and its OpenAI deal adds further momentum.
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MTN is planning AI-enabled data centres in South Africa and Nigeria as it bets on Africa’s infrastructure boom.
Eskom has marked 300 consecutive days without load shedding, with plant outages down 53% year on year.
Prepaid woes and rising bad debts have dragged MTN South Africa’s earnings down, despite strong enterprise growth.
Meta may cut one in five workers as it pours billions into AI infrastructure and talent, three sources have said.
Shoprite has agreed to acquire a majority stake in R&A Cellular, targeting the informal retail sector.
Liquidation looms for the Post Office as its rescue practitioners warn government they intend to wind it up.
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Intel CEO Pat Gelsinger has retired, the company said on Monday, following a tumultuous period for the chip pioneer.
The US is poised to launch its third crackdown in three years on China’s semiconductor industry, sources said.
A senior official at Uganda’s finance ministry downplayed the extent of the losses.
Namibia has ordered Starlink to cease all operations, saying the service is operating without the required licence.
