When Telkom CEO Sipho Maseko took the helm three years ago, the South African company was struggling with record losses and a share price close to all-time lows. Now, the phone operator is
Browsing: Naspers
Naspers, Africa’s biggest company by market value, is planning to sell its Polish online auction website Allegro, according to people with knowledge of the matter. The global Internet and entertainment group has hired Morgan Stanley to advise
Tencent, in which South Africa’s Naspers holds a one-third stake, is discussing the purchase of SoftBank Group’s majority stake in Supercell Oy in a deal that may value the Finnish game maker at
Demand for cryptocurrency bitcoin has soared in the past week, with prices surging just over 20% on South African-linked exchange BitX. The price of a bitcoin on BitX has risen from R7 443 at 2pm on 26 May to R8 998 at 10am on
Renewed bullishness towards media and Internet giant Naspers has pushed its market capitalisation above R1 trillion for the first time. On Tuesday, Naspers’s share price jumped to a new all-time high of R2 320,73, pushing its
Naspers-owned Internet television provider ShowMax on Friday said that it is expanding to 36 additional countries in sub-Saharan Africa. ShowMax was launched in South Africa in August 2015
Global media and Internet giant Naspers has opened an office in San Francisco, the US city renowned for housing top internet giants such as Facebook and Google. Naspers’s opening of its San Francisco
South Africa’s Naspers, and its subsidiary MultiChoice, may soon forfeit the generic top-level domains they applied for in 2012. The Internet Corporation for Assigned Names and Numbers, better known as Icann
Mall of Africa, the vast new shopping centre that has been opened in Midrand, north of Johannesburg, has been given wall-to-wall Wi-Fi connectivity from open-access Wi-Fi provider Vast Networks. The company said the Mall of Africa deployment
Demonstrating just how much of an international business it has become, JSE-listed Naspers has announced that it will in future report all of its earnings in US dollars instead of rand