Riding high on the growing fortunes of Tencent, in which it holds a 34% stake, Naspers smashed through the R2 000/share barrier in morning trading on the JSE on Monday. It’s the first time the technology and media giant has reached the R2 000/share milestone
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If you’d invested R40 000 in the shares of Durban-based technology company Adapt IT five years ago, you’d be a millionaire today. Adapt IT’s shares have risen by a spectacular 2 400% in the past five years, making it the best performing technology counter on the JSE
Here they are, TechCentral’s South African Newsmakers of 2014. These are the individuals, in ascending order from five to one, who we believe were the most newsworthy in the technology and telecommunications space this year, for good reasons and bad. Also, check out our International Newsmakers
Tencent continues to underpin the Naspers growth story, with the Chinese company contributing a stronger-than-expected R6,2bn to the JSE-listed group’s core headline earnings in the six months to end-September 2014. Indeed, the Internet segment remains the fastest growing part of the Naspers stable and
DStv operator MultiChoice has debuted “remote recording”, allowing its subscribers to go online to set recordings on their personal video recorder (PVR) set-top boxes remotely. At the same time, the broadcaster, which is owned by JSE-listed
South Africa’s independent press will find it harder to preserve its media freedom under the ANC government in the coming years, Naspers chairman Ton Vosloo said on Thursday. “Government and the ANC, through its national democratic
Early e-commerce market entrant in Nigeria, Naspers’s Kalahari.com, came and went, with many suggesting it was inevitable given that the number of online customers was tiny. But Rocket Internet start-up Jumia and Konga, backed by Sweden’s Kinevik and Naspers, are now estimated by those
Campaigners will march across South Africa this weekend to demand cheaper and broader access to communications, with march organisers saying government has “handed the democratising power of telecommunications to
Two of South Africa’s biggest online retailers, Takealot.com and Kalahari.com, surprised just about everyone this week when they announced plans to merge their operations. The proposed deal is surprising because, until now
Two of South Africa’s largest online retailers – and longstanding adversaries – have agreed to merge. Kalahari.com, owned by JSE-listed media and e-commerce group Naspers, will be folded into Takealot.com, the e-retailer that recently secured US$100m from investment firm