The strategy is to build Massmart into a force able to see off its brick and mortar rivals and then win a looming battle against Amazon.
Browsing: Jean Pierre Verster
Investors in Naspers said on Thursday they want proceeds from a $14.7-billion stake sale in its Tencent Holdings investment to go towards blockbuster acquisitions or a share buyback.
After two weeks of uncertainty in which its share price fell by 17,5%, MTN finally provided some clarity to shareholders on Monday. The announcement that CEO Sifiso Dabengwa had resigned with immediate effect led to the first substantial engagement with the market since the operator was issued
Telkom investors are confused. When the telecommunications company issued its trading update at the end of last month, the surprise aspect was not the further R900m loss it incurred to get mobile operator 8ta on to its feet, nor the