Naspers South Africa CEO sells R240-million in shares

A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Now the continent’s biggest company, Naspers just named its first woman, and first black person, as CEO.

EOH Holdings will publish the findings of a wide-ranging independent investigation into alleged corruption involving public sector contracts, the JSE-listed IT services group told shareholders on Wednesday.

South African business confidence ticked higher in June, but remains below levels from a year ago after weak economic data and power blackouts in the first half of 2019.