A bad start to the year for stocks? That hasn’t applied to Naspers, as the coronavirus confined hundreds of millions of consumers indoors, driving demand for online services and entertainment.
MTN Group will push on with a plan to reduce its majority stake in its Nigerian business, though turmoil caused by the coronavirus may require the sale to be done in smaller chunks than anticipated.
Faced with the biggest challenge of any post-apartheid South African leader, President Cyril Ramaphosa has also been given a rare opportunity to push through the painful reforms the economy needs.
Huawei rotating chairman Eric Xu said he’s aware of the potential for the US to tighten restrictions on the company. China wouldn’t tolerate such action and it would irrevocably damage the global supply chain.
MTN Group CEO Rob Shuter was paid R58.2-million in the 2019 financial year, a 35.7% increase on his total remuneration for 2018, but even these generous rewards were not enough to keep him.
The JSE is launching virtual annual general meetings in South Africa to allow investors to engage with shareholders during the Covid-19 pandemic.
After weeks of brutal selling, technical gauges are signalling potentially positive developments ahead for battered crypto assets.
Zoom Video Communications was sued by a user who claims the popular video-conferencing service is illegally disclosing personal information.
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