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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Prosus’ OLX Invest up to R5.9bn in Frontier Car Group

OLX Group (OLX), a Prosus’ classifieds business, is investing $400 million (R5.9 billion) in online car marketplace Frontier Car Group (FCG). The transaction will result in...

Naspers’ Prosus Ventures in a R600m Investment in Indian Logistic Startup

Prosus Ventures (formerly Naspers Ventures) has led a $40 million (R600 million) investment in ElasticRun, a virtual logistics network that is revolutionising consumer products...

Prosus’ PayU Buys a Minority Stake in India’s Wealth-Tech Platform

PayU, the payments and Fintech business of Prosus, today leads the fresh round of investment worth $11 million (R165 million) through the acquisition of...

Naspers’ Prosus Makes R94bn Bid For Just Eat

Prosus on Tuesday announced a rival bid for the U.K. based food delivery service Just Eat. The Euronext and JSE-listed company has made a bid...

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...

Must Read

Cell C Workers To Go On Strike On Monday

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...

MTN Taps Rahul De as New CEO of Lonestar Cell MTN Liberia

MTN announced on Friday afternoon the appointment of a new CEO for MTN Liberia Lonestar Cell. Rahul De, the current chief marketing officer of...

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...