Naspers has put aside the proceeds of share sales in Chinese Internet giant Tencent and India’s Flipkart to pay for new investments due to the abundance of opportunities in its preferred media and technology markets
Bitcoin dropped the most in more than a week and led digital coins lower after Japanese regulators hit six of the country’s biggest cryptocurrency trading venues with business-improvement orders. The crackdown surprised
Netflix is making significant inroads in South Africa, disrupting pay-television behemoth MultiChoice by providing a cheaper, more convenient and non-linear way of watching TV content. The streaming content provider is drawing
The ouster of Intel CEO Brian Krzanich for an inappropriate workplace relationship leaves the world’s second largest chip maker with the worst leadership crisis in its 50-year history. During a five-year stint as CEO, Krzanich
The City of Tshwane metropolitan municipality, which includes Pretoria and surrounding towns, has published “significantly” increased fees for deploying telecommunications infrastructure. But the move
Intel’s CEO, Brian Krzanich, has resigned. The giant chip maker’s chief financial officer, Bob Swan, has been named interim CEO until a permanent replacement can be found. Krzanich fell on his sword after
MTN and its technology partner, Ericsson, have achieved throughput of 1.6Gbit/s using 5G technology at the Gerotek skid pan outside Pretoria. Using 100MHz of spectrum in the 28GHz band, the
Indian start-up Swiggy has raised US$210-million (about R2.9-billion) in a round led by South Africa’s Naspers and investment house DST Global, setting a stage for a battle between well-funded players in the
Deutsche Telekom’s T-Systems computer services unit is cutting more than a quarter of its positions to reduce costs after draining money for years. The unit will cut as many as 10 000 jobs, of which
Facebook co-founder Mark Zuckerberg came within a whisker of leapfrogging Warren Buffett as the world’s third-richest person on Wednesday. Zuckerberg, more than half a century younger than the Berkshire











