U.S.Justice Department Files Antitrust Lawsuit Against Google

The U.S. Justice Department filed an antitrust lawsuit Tuesday against Google, alleging the search giant is engaging in anticompetitive and exclusionary practices in the...
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Prosus Bookbuild To Raise R22.5bn For Naspers

Africa’s most valuable company said in a statement on Wednesday that it intends to repatriate the proceeds to South Africa to buy back its own shares.

Naspers Plans to List Prosus on Euronext in September

Naspers has announced plans to list Prosus on Euronext Amsterdam along with a secondary, inward listing on the Johannesburg Stock Exchange (JSE) in South...

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...

SA’s Naspers Invest R393 million in Brazil’s Movile

By Staff Writer Naspers, Africa’s biggest tech firm, announced late on Thursday that it has invested $30 million (R393 million) in Movile, a mobile marketplaces...

Africa’s Biggest Tech Firm Naspers Prices R13 billion Bond to Fund Acquisitions

Naspers, Africa’s biggest tech and media firm, said on Friday that it has successfully priced a $1 billion (R13 billion) bond. The tech firm, which...

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Low-Cost Internet Pilot Project in Soweto Empowers Young People

FibrePoynt, Thabure Towerco and Phuthanang Youth Trust have installed a pilot network in Central Western Jabavu, Soweto. The pilot network offers the high-density township,...

Telkom Unveils Its New FreeMe Share Plans Targeting Data Users

Telkom has launched FreeMe Share Plans, a shared data plan that allows multiple SIMs to share a single data plan. The company said in a...

Dlamini-Zuma Asked To Provide Reasons For Extending Lockdown – or see you in court.

DearSA attorneys Hurter Spies this week sent a letter  to Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma asking her to provide reasons why she...