Richard Peng didn’t get to become one of China’s most accomplished dealmakers by pussyfooting around. In 2013, the Tencent acquisitions chief took a shine to a scrappy little ride-hailing app called Didi. He tracked down reluctant founder
An adviser to South Africa’s new finance minister advocated the state takeover of banks, mines and insurance companies in a newspaper editorial, two weeks after President Jacob Zuma’s ouster of Pravin Gordhan shocked investors
In the race to the autonomous revolution, developers have realised there aren’t enough hours in a day to clock the real-world miles needed to teach cars how to drive themselves. Which is why Grand Theft Auto V is in the mix. The blockbuster
Uber Technologies isn’t required to report its finances publicly, but the privately held company has decided to forgo that luxury for the first time. Uber said its revenue growth is outpacing losses, hoping to show the business is on a strong
On TalkCentral this week, Duncan McLeod and Regardt van der Berg chat about Internet Solutions’ reported discussions to acquire Dark Fibre Africa. Also this week, Naspers to pump almost R1bn
Vodacom Group’s Tanzanian unit is considering asking market regulators to extend the deadline of its initial public offering and allow foreign participation because it’s under-subscribed, the lead adviser said. A request is being considered because uptake of
A financial accountant at MTN has been arrested by the Hawks for allegedly stealing almost R24m from the mobile operator over a 21-month period starting in July 2015. According to a statement by the
Semiconductor maker Advanced Micro Devices is betting that a purchase of a Texas-based chip maker will help drive the adoption of more portable virtual reality headsets. AMD announced its
The South Korean trial of Samsung heir Jay Y Lee for alleged bribery took an unusual twist on Thursday as prosecutors said the company tried to conceal its gift of a billion won (R12m) horse by exchanging
One of South Africa’s largest Web hosting companies, Hetzner, is now peering with Internet service providers, telecommunications operators and content distribution networks at Teraco’s NAPAfrica network peering facility in Isando. Hetzner, which hosts