Pick n Pay Confirms Launch of PnP Mobile on MTN’s Bozza Network

Pick n Pay has confirmed the launch of its own mobile virtual network operator (MVNO). Techcentral reported on Tuesday that Pick n Pay will be...
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Prosus

Prosus’ PayU Spend R15.8 Billion in FinTech Acquisition Trail

PayU, the payments and FinTech business of Prosus, has invested a staggering $1 billion (R15.8 billion) on FinTech and mergers & acquisitions (M&A) globally...

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...

Prosus Ventures Makes its First Investment in Mexico

Prosus Ventures has announced its first investment in Mexico, leading a $15 million (R246 million) Series A funding round in Klar, a challenger bank in...

Prosus’s PayU Leads R1.4-bln Financing Round in FinTech Startup Remitly

FinTech startup Remitly has raised $85 million (R1.4 billion ) at a $1.5 billion (R24.7 billion) valuation in a funding round led by existing...

Prosus Raises R32-bn in a Bond Sale

The Dutch arm of South African internet titan Naspers, Prosus raised R32.8 billion ($2 billion) in a bond offering on Tuesday. The company said the...

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...

Naspers and Prosus in ‘Position of Strength’ to Weather COVID-19

It is still too early to estimate the scope of any impact on Africa’s most valuable company Naspers's operations and financial information, particularly in...

Prosus Online Ad Firm OLX Brazil To Buy Grupo ZAP For R9,8-bn

OLX Brazil, an online marketplace that is owned by Dutch-listed Prosus, announced on Wednesday it has agreed to buy 100% shareholding in its competitor...

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SA’s Minibus Taxi Passengers To Get Free Internet Access

Leep Africa, a Johannesburg-based South African company, has developed the world’s first Internet of Things (IoT) mobile hotspot network. Its product, Leep Connect, will...

Google, Telkom Pledges To Invest in South Africa’s Growth

A total of 50 companies, including Google and Telkom, have pledged R109.6 billion at the third annual South Africa Investment Conference. Today’s collective pledge brings...

Vodacom Business Launches Exciting New Solutions Powered By 17 AWS Services

Vodacom Business has worked with Amazon Web Services (AWS) Professional Services, to develop the Vodacom Business Cloud Acceleration Suite for organisations who are looking...