Online businesses helped spur on a 24% year-on-year revenue growth at Internet and media giant Naspers. In its interim results announcement on Friday, Naspers reported that its revenue measured on an economic interest base topped R74,3bn for the six months ended September 2015
Shares in technology and media giant Naspers came under selling pressure late on Friday afternoon after it announced plans to raise as much as US$2,5bn (about R36bn) through a capital-raising exercise. Shares in Naspers were trading down by almost 4% shortly
Naspers’s fledgling video-on-demand platform, ShowMax, will be expanded to three new continents in the coming year, Bloomberg reported on Thursday. The news wire cited an unnamed source as saying that the company is targeting more than
Naspers expects headline earnings per share for the six months ended 30 September 2015 to have leapt by between 25% and 30% compared the same interim period a year ago, the media and technology group said on Friday
Telkom will have an agreement in place with a preferred video-on-demand (VOD) provider by early in the new year, according to group CEO Sipho Maseko. “We are making good progress,” he said
Vodacom’s latest numbers must be deeply worrying for its principal rival, MTN. While the latter is facing immense turmoil – a R75bn fine in Nigeria, the departure of its long-serving group CEO and
Vast Networks, billed as Africa’s first open-access Wi-Fi infrastructure operator, plans big expansion in the coming years as it looks first to consolidate the networks it’s inherited and then expand
Naspers has sold African online price comparison service PriceCheck to Silvertree Internet Holdings and the company’s original founder, Kevin Tucker. The value of the deal has not been disclosed
The Sunday Times Top 100 Companies list, announced on Tuesday evening, has ranked the top performing companies on the JSE over the past five years. Technology group EOH has
South African-headquartered media and Internet giant Naspers on Monday said it would sell its holdings in online retailer Netretail and price comparison site Heureka to the Czech-based investment firm Rockaway Capital for US$201m (about R2,7bn). The move
