Browsing: Naspers

The man who helped pioneer media giant Naspers’s online expansion, Antonie Roux, passed away in a hospital in Germany in Sunday after undergoing surgery. He was 54. Roux, who was a former CEO of Internet service provider MWeb, joined the Naspers group as a junior technician in 1979 and was a founding member of pay-TV

If DStv-operator MultiChoice gets the go-ahead, get ready for Web addresses such as bigbrother.mnet and guide.dstv sometime next year. The Internet Corporation for Assigned Names and Numbers (Icann) has released a list of the applicants for new generic top-level domains (gTLDs) that will supplement existing

Embattled Kodak, which stopped manufacturing photographic film last year and filed for chapter 11 bankruptcy in January, wants to reinvent itself as a company focused on consumer and commercial printing, rather than on image capturing. To this end, Kodak’s SA operation signed a deal with Incredible Connection

Stellenbosch-based social networking company MXit has a one-year window of opportunity to improve and expand its products and services if it’s going to fend off an onslaught of rival services like instant-messaging application WhatsApp, says its new CEO, Alan Knott-Craig. “The main risk

Internet service provider (ISP) MWeb said on Tuesday that its group CEO, Rudi Jansen, is stepping down at the end of February after 15 years at the Naspers-owned subsidiary. Jansen has held the position of CEO since 2005. DStv Mobile CEO

Listed companies whose empowerment share schemes have come out of their lock-in periods have largely shunned the JSE’s black economic empowerment (BEE) trading platform for their own options. The stock exchange’s BEE platform, launched in February

Shareholders in Phuthuma Nathi, the black empowerment vehicle that owns 20% of MultiChoice SA, have the right to begin trading the shares next Thursday, 8 December, when a five-year lock-in period expires. MultiChoice SA group CEO Imtiaz Patel says

Multinational media company Naspers released its interim results for the six months to 30 September on Tuesday. They show subsidiary Multichoice has enjoyed far slower growth than in 2010 but the group’s Internet interests are expanding rapidly and accounting

In notes accompanying its interim financial results, released on Monday, Telkom has confirmed that by 2015 the slowest broadband package on its fixed-line network will offer download speeds of up to 2Mbit/s, from 384kbit/s now, and up to 40Mbit/s at the top end. The company has also

Telkom did something last week no one thought it ever would: its Internet service provider, TelkomInternet, jumped onto the uncapped broadband bandwagon, adopting a market trend started 18 months ago by its rival, MWeb. The news came as a