Naspers MD Koos Bekker has lamented the lack of broadband in SA, describing it as a “tragic story” created by a decade of poor regulation. Speaking on Talk Radio 702’s The Money Show with Bruce Whitfield on Monday evening, Bekker
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Just seven months after being acquired by international hedge fund company Tiger Global Management, Cape Town-based e-retailer Take2 has changed its name to Takealot and is talking up a plan to generate R1bn in annual sales within five years. CEO Kim Reid
Former Google SA country manager Stephen Newton has been hired by Naspers to head up the JSE-listed media group’s e-commerce platforms. As the CEO of the segment, Newton will responsible
Long-serving Naspers executive Antonie Roux has taken the reins at MIH Group, the JSE-listed media group’s biggest subsidiary. MIH holds all of Naspers’s electronic interests, including pay-TV operator MultiChoice
MWeb CEO Rudi Jansen says the Naspers-owned Internet service provider is expecting Telkom to begin offering uncapped broadband soon over its fixed-line network. But he says he’d welcome
SuperSport has let go of rugby commentator Andrew (Tank) Lanning after he revealed market-sensitive information about the company on popular social media platform Twitter. The broadcaster’s communications manager
Naspers is taking aim at the online classifieds market, launching Kalahariads.net, a completely free classified advertising service the media group hopes will allow it eventually to dominate the field in SA
We’re pretty used to hearing outlandish valuations on Internet companies that, if they were people, would be barely out of nappies. It happened during the first dot-com boom, and it’s happening again now. But news that Facebook is
MultiChoice added more than 360 000 new subscribers in SA in the six months to 30 September, handily beating its new rival On Digital Media, which launched TopTV in May
The Naspers growth story continues apace. The technology and media group said on Thursday that expects core earnings per share to leap by up to 35% in the six months to 30 September 2010. The news sent the group’s share price