Naspers’s video entertainment assets, which include DStv operator MultiChoice, have come under severe margin pressure as investment in ShowMax and weak currencies in many of its markets put downward pressure on its trading

President Jacob Zuma’s office has refused to confirm or deny claims of an imminent cabinet reshuffle. The Sunday Times reported that Zuma was planning to restructure his cabinet after the ANC’s birthday

South Africa moved closer to a junk credit rating after Fitch Ratings changed the outlook on its assessment to negative from stable and warned that continued political instability could result in a downgrade. The ratings for foreign currency

President Jacob Zuma is facing calls to step down after a minister offered a motion of no confidence at a meeting of the ruling ANC’s national executive committee, two newspapers reported on Sunday. Tourism minister Derek

On TalkCentral this week, we chat Black Friday. But not for long, because there’s real news, too – like MTN vowing to take market share from Vodacom and Cell C’s BEE shareholder suing it over the planned restructuring. Also this week, the

MTN’s public offer in terms of its third black economic empowerment deal, valued at R9,9bn has closed – but short of its target. The public offering to qualifying black participants at a subscription price of R20/share for a minimum

After Checkers pioneered the introduction of Black Friday ­- the US shopping day after Thanksgiving – in South Africa in 2014, we’ve seen other retailers steadily adopt the sales “event”. This year, however, practically every retail chain in the country

Cell C’s planned recapitalisation, in terms of which JSE-listed Blue Label Telecoms will acquire 45% of the mobile operator for R5,5bn, has hit turbulence. News wires, including Reuters, reported on Thursday

SABC group executive of corporate affairs Hlaudi Motsoeneng says he can change South Africa in six months. “In South Africa, realise one thing, there is only one Hlaudi, no one else. And realise, I can change South Africa within six

Streaming video is the future of television, but it’s not necessarily a better business model than traditional, satellite-based pay TV. That’s the view of DStv Digital Media head Graeme Cumming