Pony Ma pledged $7.7-billion towards curing societal ills and lifting China’s countryside out of poverty, echoing Xi Jinping’s priorities at a time Beijing is tightening its grip on Internet giants.
Absa Group CEO Daniel Mminele has stepped down, the bank said on Tuesday, a shock departure just 15 months into his post that sent shares in one of Africa’s biggest lenders down as much as 5%.
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MetroFibre, the fibre telecommunications company that recently concluded a R2.5-billion debt funding round, is buying Link Africa’s fibre-to-the-home network in Gauteng and KwaZulu-Natal.
Who is buying JSE-listed Adapt IT shares at or above the R6.50/share offer price tabled earlier this month by Canada’s Volaris Group? A disclosure by Adapt IT may have shed some light on this question.
Eskom has said it’s urgently seeking new providers of technical support after Oracle’s South African unit withdrew its services over a payment dispute.
Showmax, the video streaming platform launched by MultiChoice Group, has cut the price of its mobile-only plan to R39/month, from R49 previously.
A Tesla electric car that “no one” appeared to be driving crashed late on Saturday in Texas in the US, erupting into flames and killing the two passengers, according to local authorities.