Vodacom Lesotho’s License Safe After Court Victory

Vodacom can keep its operating license in Lesotho after the mobile phone company won a court challenge on Saturday against Lesotho Communications Authority (LCA)...
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Just Eat Bidding War is Over – Prosus Walks Away, TakeAway Is Victorious

"Just Eat is not an acquisition we wanted to make at any cost," argues Bob van Dijk, CEO of Prosus, after the tech giant...

Prosus’ PayU To Invest R2.8bn In A New Credit Business In India

PayU, the payments and FinTech business of Prosus, is planning to inject up to $200 million (R2.8 billion) in the new digital lending leader...

A Tencent-Led Consortium Buys 10% of Universal Music

A consortium led by Chinese tech giant Tencent is buying a 10% stake in Vivendi's Universal Music Group for 3 billion euros (R47 billion),...

Prosus Tables Final Cash Offer to Buy Just Eat

Naspers-owned tech giant Prosus has tabled a final cash offer to buy Just Eat, which operates a leading global hybrid marketplace for Online Food...

Prosus Clears Competition Hurdle in Just Eat Hostile Bid

The Dutch arm of South African internet titan Naspers, Prosus is a step closer to acquiring Just Eat, which is at the centre of...

Just Eat Board Says Revised Prosus Offer Undervalues Business

The board of Just Eat, the online food delivery platform, says the revised bid offer by tech giant Prosus undervalues the business. "The Board of...

Naspers’ Prosus Ups Offer for Just Eat to R98bn

The battle for control of Just Eat intensified today when Naspers-owned tech giant Prosus raised its offer to R98 billion. Just Eat has rejected a £5bn...

Naspers’ Prosus Urges Just Eat Investors to Accept its Offer by Dec 11

Tech giant Prosus has called on Just Eat shareholders to accept its offer and reject that of rival Takeaway.com. Just Eat has rejected a £5bn hostile...

Just Eat Bidding War: Prosus Says Takeaway Bid is not Attractive

Takeaway announced on Wednesday that its bid offer for Britain’s Just Eat presented a compelling opportunity for both companies. The Takeaway's offer is backed by...

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Cell C Workers To Go On Strike On Monday

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Vodacom Quietly Prepares to Indirectly Acquire Embattled Cell C Prepaid Customers 

Insiders have revealed that Vodacom South Africa has installed an indoor RF site (Antenna) at the headquarters of cash-strapped Cell C in Sandton. TechFinancials has...