The collapse in EOH’s share price continues unabated. The JSE-listed IT group fell as much as 14.8% on Tuesday after tumbling 9.7% on Monday, reaching levels last seen eight years ago. It recovered some

Naspers has acquired Tiger Global Management’s stake in South Africa’s largest e-commerce retailer Takealot, and now owns an effective 96% (91% fully diluted) of the business. This was revealed in its provisional

Facebook’s Instagram is estimated to be worth more than US$100-billion (R1.4-trillion), if it were a standalone company, marking a 100-fold return for the app was purchased in 2012, according to data compiled by