Blue Label Telecoms is pushing ahead with a plan to recapitalise Cell C in terms of which it will become a 45% shareholder, through subsidiary The Prepaid Company, in South Africa’s third largest mobile operator. The JSE-listed company said

Albert Saporta, a director of Geneva-based investment advisory firm AIM&R has written an open letter to Naspers CEO Bob van Dijk accusing him of destroying R334bn of shareholder value since his appointment more than three years ago

The new .africa geographic top-level domain has attracted almost a thousand registrations by trademark owners, placing it in the top 10 worldwide for the number of domain name reservations during the sunrise phase of the launch process

Rectron, a subsidiary of JSE-listed technology group Mustek, has acquired a majority shareholding in enterprise resource planning (ERP) software development company Palladium. The terms of the deal have not been disclosed

Reddit shares close up 48% in market debut

Reddit is one of the few relics of the mid-2000s Internet that has not only survived but thrived in recent years. Now venture capitalists are giving a major boost to the link-sharing website, with funding that will give the company a

Google says it is creating new policies and practices to suppress terrorism-related videos, a response to UK lawmakers who have said the internet is a petri dish for radical ideology. Google will increase its use of technology

South Africa’s graft ombudsman said she will oppose a lawsuit filed by President Jacob Zuma aimed at overturning a report drafted by her predecessor that indicated he may have breached the government’s code of

South Africa is likely to miss its 1.3% growth target this year and may have to curb spending to stick to its budget framework, finance minister Malusi Gigaba said on Thursday. “We do believe there are a number of hard decisions that will