Naspers, through its Naspers Foundry investment business, is leading a R160-million series-A funding round in South African fintech start-up Naked Insurance.
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It turns out even the most compliant Chinese billionaires aren’t immune to the regulatory onslaught sweeping the world’s second largest economy.
The UK is considering blocking a takeover of ARM by Nvidia due to potential risks to national security, according to people familiar with the discussions.
US investigators have joined an investigation into Mirror Trading International, seen as 2020’s biggest cryptocurrency scam, to help liquidators of the South African scheme recover the assets of out-of-pocket investors.
Herd immunity is no longer a discussion the world – or South Africa – should be having. We should start to avoid using that term in the context of Sars-CoV-2, because it’s unlikely to materialise in our lifetimes. By Shabir A Madhi.
First National Bank has finally launched supported for Apple Pay in South Africa, the financial services institution said on Tuesday.
Shares in both Naspers and its European spinoff Prosus tumbled on Tuesday, following Tencent’s sharp fall after a Chinese state media article described online videogames as “spiritual opium”.
When China began opening up to investment four decades ago, many expected that as its economy became more capitalist, its politics also would become more democratic. They didn’t.
Google is making a bigger bet on smartphones by joining rivals Apple and Samsung Electronics in designing the device’s most critical component in-house: the main processor.
Tencent shares were on track to fall by their most in a decade on Tuesday after a Chinese state media outlet branded online videogames “spiritual opium”.