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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The power utility will reduce load shedding to stage 2 on Thursday and expects load shedding to be completely lifted by Friday morning.
Key government ministers have reached a broad agreement to sell some of Eskom’s coal-fired power plants to help reduce its debt burden, finance minister Enoch Godongwana said.
Bolt, a rival of Uber’s ride-sharing and food delivery business, plans to focus on Europe and Africa for now, CEO Markus Villig said.
An unnamed investor has proposed stumping up $5-million for a 51% stake in the company, provided criminal proceedings against the Cajees are dropped.
Following a meeting with the CEOs of six of South Africa’s telecommunications infrastructure operators on Monday, Icasa is moving to license access to “provisional spectrum”.
Vodacom Group will acquire a co-controlling interest, along with Remgro and New GX Capital, in a new entity made up of assets including Vumatel and Dark Fibre Africa.
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Adam Neumann, the charismatic entrepreneur who led WeWork to become one of the world’s most valuable start-ups, is stepping down as CEO after a plan to take the company public hit a wall.
With the drama of a palace coup, some directors are considering a plan to encourage the brash co-founder of the once high-flying real estate start-up to step down as chief executive.
It took Tesla about 15 years to rack up US$5-billion in losses. The company known as China’s Tesla did it in four.
Google is bracing for another landmark privacy decision at the European Union’s top court, five years after a “right-to-be-forgotten” ruling forced it to delete links to personal information on request.
Telkom may be planning to spin off its copper-based network assets into a special purpose vehicle (SPV), a speculative news report suggests, but it’s unclear why the company would agree to such a move. In an entry posted late on Thursday night, a consumer forum site said it had spoken to unnamed sources – the website didn’t
Telkom’s share price has rallied by more than 40% in less than two months, despite a run of bad news from the company. Analysts are buoyed by the change of leadership and some of the decisions taken subsequently, but suggest that without further clarity on Telkom’s long-term strategy, the stock gains may be
