Naspers has announced it is investing a further US$250m (about R3,9bn) in Indian online travel venture ibibo Group. The investment will be focused on extending ibibo’s leadership position in the Indian hotels category and on additional
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Times Media Group has poached respected News24 editor-in-chief Andrew Trench to be its new digital editor. Trench will drive the digital content strategy for the group’s online titles, including TimesLive, SowetanLive and and BDLive. “Andrew is an editor we have had
There once was a dream. As the reading public moved, inevitably, from getting their news on dead trees to reading it on the Internet, vast amounts of money would follow. Fortunes awaited the brave. The logic was simple enough. As eyes moved to the Internet
Naspers-owned video-on-demand platform ShowMax has reached a deal with Internet service provider MWeb in terms of which users will get three months of “free” ADSL along with three months of complimentary access to ShowMax. The offer is
Bored with South African television? Future TV, a start-up founded by Johannesburg IT businessman Steven Cohen, wants to give local couch potatoes access to the world’s streaming services without the hassle of having to jump through technical hoops to do it
Television in South Africa turns 40 years old on Tuesday. The SABC TV service marks its 40th anniversary since the very first nationwide broadcast on 5 January 1976 when Dorianne Berry and Heinrich Marnitz welcomed viewers to the “opening night” of TV in the country
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
There can be little argument that over the last 10 years, Naspers has been one of the best investments in the world. The share price has seemed to be on an unstoppable growth trajectory as it has
Telkom has announced a plan to zero-rate ShowMax data on certain of its tariff plans, allowing consumers to stream video content without it contributing to their data cap. The offer applies to new and existing Telkom “Summer Unlimited” users
Naspers plans to sell 17,1m ordinary shares in order to raise US$2,5bn (about R36bn), the company announced on Friday. Naspers said in a statement that it will use the