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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A plan by Tencent’s major backer, Naspers-controlled Prosus, to further cut its stake in the company fuelled concerns among investors on Tuesday.
Takealot Group has built a powerful platform that will stand it in good stead in an increasingly competitive market, said Naspers CEO Bob van Dijk.
When there is a deep valuation discount and pressure from its investors, Naspers can’t really time market tops and must appease with cash handouts instead.
Eskom said most of its workforce is in place following unlawful industrial action, though generation capacity has yet to improve.
The arm of South African Internet giant Naspers sold almost $4-billion worth of stock in JD.com that it got as dividends from investee Tencent.
Unlawful industrial action at Eskom’s power stations means South Africans will have to continue to endure stage-4 load shedding until at least Wednesday night.
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US secretary of state Mike Pompeo said on Tuesday the US wants to build a global coalition to counter China as he accused Beijing of exploiting the coronavirus pandemic to further its own interests.
eBay has agreed to sell its online classifieds business to Norway’s Adevinta for $9.2-billion (R152-billion), ending one of the largest auctions of the year.
Adobe and IBM said on Tuesday they are teaming up to make marketing software easier to use for banks that face strict controls on how customer data must be handled.
Spotify Technology said on Tuesday it was rolling out a video feature for its podcasts, letting select creators bring both audio and video content to the music streaming app.
Microsoft, once the dominant force in the software industry, has for a few years been on the back foot. Despite its undeniable clout and the world’s largest installed base of users, it has been slow to move
Google’s announcement that it will not provide security updates for older versions of its Android mobile operating system means that more than a billion users face growing security risks to their phones or tablets
