163 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: Tech
Vodacom paid nearly twice book value for its Maziv stake
135 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
163 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
191 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
192 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
153 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…
Hyperscalers ate my next computer
170 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
196 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
176 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…
Cabinet approves new permanent Sita board, ending years of turmoil
195 Cabinet has approved a new, permanent board for the State IT Agency (Sita), drawing a line under more than two years of leadership instability that has hobbled government’s centralised IT procurement…