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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 Threatens To Leave Just Eat if it Merges With Takeaway.com

Tech giant Prosus has threated Just East investors that it will withdraw its takeover bid if they back a merger with Takeaway.com. The Telegraph reported...

MTN Zakhele Futhi to be Listed on the JSE

Telecommunications network provider MTN’s Zakhele-Futhi’s empowerment scheme will list on the JSE on November 25, the Johannesburg-based telco said on Monday. MTN’s previous scheme, MTN...

Vodacom Spends R3.4bn To Increase Stake in Tanzania Unit

Vodacom doles out R3.4 billion ($224 million) to buy 26% stake owned by Mirambo Holdings in Vodacom Tanzania. The South African-based mobile phone operator now...

Vodacom to Pay R1bn to Buy IoT Innovator IoT.nxt

Vodacom has disclosed on Monday that it could pay as much as R1 billion to acquire Internet of Things (IoT) innovator IoT.nxt. In May, Vodacom...

Best Privacy Apps for your Mobile Phone

Manufacturers of top mobile brands have been doing everything possible to ensure the privacy of users, but with hundreds of thousands of apps available...

Vodacom Financial Services Generates R1bn in Revenues

Vodacom's diversification into financial services is slowly paying off for the Vodafone-owned mobile phone operator. The company announced on Monday that revenue from its Financial...

Over R14bn in ‘Tap’ Payments by FNB Customers in Last 12 Months

FNB customers have made over R14 billion in ‘tap’ or contactless payments in the twelve months to June 2019, with continued month on month...