President Cyril Ramaphosa has defended the ANC’s long-held policy of a “mixed economy” for South Africa, one where there is a big role for the state. History suggests he’s wrong.
Browsing: Paul Theron
A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Now the continent’s biggest company, Naspers just named its first woman, and first black person, as CEO.
MTN Group has become a battleground issue for Nigerian politicians vying for ascendancy ahead of a national election in February, with $10-billion worth of claims made against the South African wireless carrier.
Not everyone is worried about Apple’s future fortunes, or its direction under CEO Tim Cook. Local Apple bull Paul Theron, the founder and CEO of Johannesburg-based private client asset management firm
China’s Tencent, in which JSE-listed Internet and media group Naspers holds a 35% stake, appears to have designs on the African market and is preparing to ramp up focus on South Africa and Africa more broadly with its WeChat platform. Tencent, well known in China for its QQ
Fifty billion dollars was wiped off Apple’s valuation in after-market trading on Wednesday after it published first-quarter results that spooked investors, despite lifting sales by 18% to a record US$54,5bn. The question on investors’ lips now is whether this marks the bottom of an aggressive sell-off
I’m sometimes asked by investors whether the growth story has gone out of SA telecommunications stocks. A series of regulations, coupled with growing competition and a weak economy, is putting pressure on operators’ margins. Is it time for investors to abandon the sector? Before I attempt to answer that question, it’s worth looking back at how the telecoms sector in SA has developed over the past decade
In an article in the 1 December 2005 edition of Fortune magazine, Paul LaMonica wrote that the new AT&T (just merged with SBC) was “not worth buying”. He anticipated declining margins due to fierce competition. He worried that the company was a “middle weight” in the mobile phone industry. And he fretted that it