MTN Increases Stake in Mobile Micro-Insurance Firm aYo

MTN, Africa’s largest mobile phone group, has increased its shareholding in mobile-micro-insurance firm aYo through acquisition of additional shares. In 2017, South Africa’s third-biggest insurer Momentum...
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Bob van Dijk

Bob van Dijk has R65 Billion in Cash. The Boss of Prosus is Hunting for Buys

There is no doubt that Bob van Dijk, the CEO of Prosus, wants to make a big acquisition. The Dutch arm of South African...

Naspers-Owned Prosus Announces R82 Billion Share BuyBack Plan

The Dutch arm of South African internet titan Naspers, Prosus announced on Friday plans to acquire up to $5 billion (R82 billion) in total of...

Why Naspers Looks Best Positioned to Weather COVID-19 Storm

Naspers, the South African-based tech and media giant – which owns global tech investor Prosus, seems to be better prepared to bear the impact...

SA’s Health Workers to Receive PPE worth R1-bn from Naspers

President Cyril Ramaphosa today received on behalf of the government a R1 billion consignment of critical personal protective equipment (PPE) donated by global internet...

Naspers CEO, Bob van Dijk, Reaped a Cool R28 million in Compensation in 2017

By Staff Writer The Boss of Africa’s Biggest Tech Firm Naspers, Bob van Dijk, Paid R28 million ($2.2 million) in 2017. The highest paid executive was the...

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Absa Finance Director Jason Quinn Named CFO of the Year 2020

Jason Quinn, the group finance director at Absa, has been named South Africa’s CFO of the Year at the 2020 CFO Awards. This was announced...

Avon Pledge Funds To Fight Gender-Based Violence

As South Africa joins the global community in commemorating 16 Days of Activism for No Violence Against Women and Children, Avon Justine has amplified...

Africa’s Accelerating FinTech Revolution

By Greg Nott and Tristan Marot Africa is a unique continent. From its diverse cultures and languages, to its extremes in wealth and development -...