227 Prosus, the Naspers-controlled consumer internet group, has agreed to sell a 5% stake in German food delivery giant Delivery Hero to Aspex Management for approximately €335-million – around R6.5-billion at the…
Category: Business
Vodacom paid nearly twice book value for its Maziv stake
242 The detail in Vodacom Group’s full-year results announcement, released on Monday, reveals just how richly the South African mobile operator has valued its long-fought-for acquisition of a stake in Maziv –…
Vodacom Group customer base swells past 237 million
219 Vodacom Group CEO Shameel Joosub Vodacom Group leaned heavily on its Egyptian business and Kenyan associate Safaricom to power a strong set of full-year numbers, even as service revenue growth in…
Setback for Microsoft’s Africa cloud ambitions
275 A Microsoft data centre site in East Africa has been delayed by disagreements with the Kenyan government over the company’s request for guaranteed payments, Bloomberg News reported on Sunday, citing people…
Reinvest spectrum cash in ICT sector, industry urges
257 South Africa’s telecommunications operators wants future spectrum auction proceeds reinvested in digital infrastructure, citing the heavy bill that operators continue to carry from 2022. The Association of Comms & Technology (ACT)…
South Africa cuts red tape for dealmakers
230 Trade, industry & competition minister Parks Tau has substantially raised the monetary thresholds at which mergers must be notified to the Competition Commission, in a move that a senior competition lawyer…
Money habits that help reduce financial anxiety
249 PICTURE: UNSPLASH/ SIMPLE BUDGET Financial anxiety is becoming increasingly common, especially as the cost of living continues to rise and income pressure affects households across South Africa. While money stress can…
Hyperscalers ate my next computer
233 I have been idly building the specs my next desktop PC – a Linux gaming and AI rig – for the better part of the past year. It is starting to…
A 12-year-old competition case lands on Canal+’s desk
264 The Competition Commission has signalled it is open to settlement talks with MultiChoice over its allegation that the pay-TV operator entered into a 2014 market-division pact with set-top box manufacturer Altech…
Major African telco postpones mobile money listing
234 Thomas Mukoya/Reuters Airtel Africa on Friday delayed the planned public listing of its mobile money business to the second half of 2026 and forecast a near-term margin squeeze due to higher…