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Vodacom Lesotho’s License Safe After Court Victory

Gugu Lourie -
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

Gugu Lourie -
"Just Eat is not an acquisition we wanted to make at any cost," argues Bob van Dijk, CEO of Prosus, after the tech giant...
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Prosus’ PayU To Invest R2.8bn In A New Credit Business In India

Gugu Lourie -
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...
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A Tencent-Led Consortium Buys 10% of Universal Music

Gugu Lourie -
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),...
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Prosus Tables Final Cash Offer to Buy Just Eat

Gugu Lourie -
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...
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Prosus Clears Competition Hurdle in Just Eat Hostile Bid

Gugu Lourie -
The Dutch arm of South African internet titan Naspers, Prosus is a step closer to acquiring Just Eat, which is at the centre of...
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Just Eat Board Says Revised Prosus Offer Undervalues Business

Gugu Lourie -
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...
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Naspers’ Prosus Ups Offer for Just Eat to R98bn

Gugu Lourie -
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...
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Naspers’ Prosus Urges Just Eat Investors to Accept its Offer by Dec 11

Gugu Lourie -
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...
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Just Eat Bidding War: Prosus Says Takeaway Bid is not Attractive

Gugu Lourie -
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

Gugu Lourie -
Embattled Cell C faces more trouble on Monday when its workers go on strike over imminent retrenchments. The Information Communications and Technology Union (ICTU) announced...
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MTN Taps Rahul De as New CEO of Lonestar Cell MTN Liberia

Gugu Lourie -
MTN announced on Friday afternoon the appointment of a new CEO for MTN Liberia Lonestar Cell. Rahul De, the current chief marketing officer of...
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Vodacom Quietly Prepares to Indirectly Acquire Embattled Cell C Prepaid Customers 

Gugu Lourie -
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...
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