Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days.
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Groupe Canal+ and Warner Bros Discovery have struck a last-minute agreement to keep channels like CNN on DStv.
The rand ended 2025 nearly 13% stronger against the US dollar, marking its biggest annual gain in 16 years.
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83.
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Shares in Alviva Holdings leapt higher on Thursday after the group received an offer from a black-led consortium to buy it out.
JSE-listed Datatec has agreed to sell its Analysys Mason business for as much as £210-million, with the proceeds to flow directly to the group’s shareholders.
Futuregrowth Asset Management, a South African fixed-income money manager with R193-billion of assets, is raising a fund to invest in start-ups.
The rand tumbled on Thursday to its lowest level since October 2020 as electricity cuts renewed pressure on the currency.
The crisis at Eskom is getting worse, with the state-owned utility set to implement stage-6 power cuts until midnight on Friday.
Growthpoint Properties has said it’s running out of diesel to operate generators at some of its buildings as the country grapples with the escalating crisis at Eskom.
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Shares of Intel slumped and its rivals surged on Friday after the US chip maker signalled it may give up manufacturing its own components after falling far behind schedule developing its newest technology.
Billionaire Elon Musk’s SpaceX is in talks to raise new capital at a valuation of US$44-billion, according to people with knowledge of the matter.
Garmin has entered a second day of wide-ranging outages in a possible ransomware attack. The issue affected the firm’s website and call centres, including its ability to receive calls, e-mails and online chats.
Intel CEO Bob Swan spent almost an hour on Thursday discussing an idea that would once have been unthinkable for the world’s largest semiconductor company: not manufacturing its own chips.
The department of communications is in disarray with its minister, Faith Muthambi, facing off against defiant senior management. Senior sources said the relationship between her and her
Microsoft’s part in a US$70m investment in CyanogenMod has raised many eyebrows: why is Microsoft investing in a popular version of the Android mobile phone operating system when it has its own competing Windows Phone
