Local insurtech firm Click2Sure secures Greenlight funding

The digital insurance platform receives an undisclosed amount of funding to channel into its global business development operations.

1 Oct

Tencent restructures as challenges escalate

The Chinese Internet giant announces its first reshuffle in six years, as it faces increased obstacles from tighter government regulations.


Pay-TV market to grow as MultiChoice weathers Netflix heat

The African and Middle East pay-TV market is expected to outpace all other major regions between 2017 and 2022, says GlobalData.

20 Sep

Naspers frees cash-rich MultiChoice to take on Netflix

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.

Sep 18, 2018

Naspers-owned OLX pumps R1.4bn into Webuycars

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

Sep 17, 2018

Naspers to list video entertainment unit MultiChoice on JSE

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

Sep 12, 2018

Tencent under pressure to step up its game

The gaming and social media firm is one of several Chinese Internet companies whose prospects are suddenly in question after years of spectacular growth.

Aug 22, 2018

PayU SA sees Africa as high growth market

The payment services provider targets high growth markets as it looks to extend its business opportunities.

Aug 10, 2018

Naspers creates VOD unit as Netflix rivalry heats up

The company establishes the over-the-top video unit in a bid to counter stiff competition for video-on-demand from global players such as Netflix.

Aug 8, 2018

Naspers appoints CEO of Connected Video unit

The company names Niclas Ekdahl CEO of the recently formed Connected Video unit that runs the Showmax and DStv Now Internet TV services.


Cape Town tops as tech employment hub

The region's tech entrepreneurial ecosystem shows promise to be a key driver of economic growth and job creation, and is already the most productive tech sector in Africa.

Jul 27, 2018

Naspers considers listing some e-commerce units

Naspers could list some of its e-commerce ventures in Hong Kong or New York, says CEO Bob van Dyk.

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