80% of blockchain use cases will die

The media and e-commerce group's plan to spin off MultiChoice will free up cash for the unit to compete with fast-growing Netflix and other streaming services.

The Central Bank of Nigeria says it is reviewing information with a view to reaching an equitable resolution to the $8.1 billion MTN repatriation issue.

The approval means the JSE-listed IT services company will now have an effective black shareholding well above 50%.

This funding round represents Goldman Sachs' maiden investment into the mobile financial services start-up company.

The Naspers-backed company establishes a Johannesburg office and engineering hub, as it looks to expand further into Africa.

The investment forms part of Naspers' undertaking to accelerate growth in classifieds, online food delivery and fintech businesses globally.

Naspers looks to exit the pay-TV market by listing MultiChoice separately on the Johannesburg Stock Exchange.

The company will offer voluntary separation and voluntary early retirement to qualifying employees starting today.

Nigeria's $10 billion demand makes MTN's planned IPO in the country pretty challenging and awkward, says group CFO Ralph Mupita.

Over a month since Elon Musk tweeted a proposal to take Tesla private, only to subsequently abandon the idea, traders in the options market remain nervous.

The new offerings include anti-money laundering and fintech solutions aimed at hosting container-based apps in the cloud.