Tencent has posted its strongest growth in more than seven years, riding the success of games like Honour of Kings and a rapidly expanding Internet advertising business. Shares in Johannesburg-listed Naspers, which owns a third of
Altron said on Wednesday that it has reached an agreement to sell its 80% stake in Powertech Transformers, one of its legacy businesses, for R250m. The stake is being acquired by a consortium made
Bitcoin climbed as much as 10% on Zimbabwe’s Golix exchange on Wednesday after the country’s armed forces seized power. The price of the cryptocurrency in the Southern African nation jumped as high as US$13 499, almost
MTN South Africa is introducing a biometric fingerprint scanning system in an effort to crack down on identity theft in its retail stores. The mobile operator said it has strengthened its security with the
Airbnb doubled net revenue in the third quarter and remains on a profitability streak, as the business builds toward an initial public offering expected next year, according to people familiar with its
The story of the JSE so far this year has mostly been the story of Naspers. The media giant’s share price has gained over 75% in 2017 and accounts for the majority of the index gains year to date. It follows that unit trust funds
Cell C has launched a range of low-cost prepaid data bundles to allow users to stream content from its new Black video-on-demand streaming platform, at an in-bundle rate of as low as 1c/MB. Contract subscribers on Cell C’s Pinnacle
Thank you for listening to the TechCentral podcast. In this episode, Takealot.com CEO Kim Reid chats to Duncan McLeod about…
Apple is working on a rear-facing 3D sensor system for the iPhone in 2019, another step toward turning the handset into a leading augmented-reality device, according to people familiar with the plan. Apple is evaluating a different
Naspers is keen to continue its search for e-commerce and tech investments, with Africa’s biggest company happy to deploy a sizeable war chest in its hunt for deals. “We have several billion in cash and