naspers

Naspers appoints Imtiaz Patel as CEO of Video Entertainment

Naspers, South Africa's media and ecommerce group, has rejigged management to help position the company ahead of competition for video entertainment in South Africa...

Naspers R1.4bn bet on letgo to tackle US classified

South Africa’s Naspers, a multinational group of ecommerce and media brands, is ‘taking a big bet’ on a US-based start-up letgo, which was recently launched...

Biggest takeaways from Naspers earnings

By Gugu Lourie Naspers, a multinational group of ecommerce and media brands, posted a 30% rise in core headline earnings to R11,2 billion for the...

Why Naspers Koos Bekker forfeited his salary?

By Matthew le Cordeur Naspers chair Koos Bekker said his decision to work without a salary when he was CEO helped him focus on building...

Koos Bekker rejoins Naspers as chair

South African media tycoon and self-made billionaire Koos Bekker has rejoined Naspers as a non-executive chairman. Bekker - who stepped down as CEO of Naspers early...

SA’s Crypto Exchange Luno Adds a Million Users

Luno, South Africa’s cryptocurrency exchange, now has three million customers (wallets) spanning 40 countries. Marius Reitz, Luno’s GM: Africa, says that despite Bitcoin’s volatility, cryptocurrency...

Multichoice Rewards Black Investors With R1.5 billion Dividend

Black investors in Phuthuma Nathi, the broad-based black economic empowerment arm of pay-TV operator MultiChoice, will share more than R1.5 billion in dividends. MultiChoice South...

SA’s FinTech Startup Lulalend Raises R93M

Lulalend has raised a R93 million ($6.5 million) Series A round co-led by IFC and Quona Capital. TechCrunch reported that the South African lender will...

Thank You, Readers: TechFinancials Is Turning Five

It’s a pretty momentous occasion for us here. We are turning five, and it’s nice to look back at the first five years we had,...

SA’s AlphaCode Invest in Luno, a Global Bitcoin Platform

By Staff Writer  Global bitcoin platform Luno announced on Tuesday that it has received R120 million investment and revealed its expansion plans into 35 new...

African Streaming Market Faces Shakeup as US-based Firm Seeks Local Partners 

The African streaming industry could be in for an even greater shake up as US-based streaming player MatrixStream seeks to collaborate with Telcos and...

Meet OLX, the Biggest Classified Company that is growing Fast

OLX – the world’s leading classifieds platform focused on emerging markets, both mobile and online – has reached more than 330 million active users...

Creating Wealth Across Africa

By Africa Ranker The most successful companies in Africa are spread across the continent, from north to south, and east to west, though of the...

MTN Finally Pulls the Plug on Video On Demand Service MTN VU

There is no more MTN VU or FrontRow. MTN, South Africa’s second biggest mobile phone operator, is shutting down its video on demand (VOD) service,...

MTN Shuffle is an Affirmation that Young Black Executives Have a Place in Corporate SA

by Gugu Lourie When the departure of experienced MTN South Africa CEO Mteto Nyati was made public by his new employers, JSE-listed tech group Altron,...