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Koos Bekker sells R2.5-billion in Naspers and Prosus shares

Koos Bekker sells R2.5-billion in Naspers and Prosus shares

Koos Bekker Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days, according to regulatory disclosures. Filings published by Naspers and its European-listed subsidiary, global consumer technology investor Prosus, show that a family trust linked to Bekker disposed of shares in the two companies between 17…

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Africa: Russia-Africa – New Horizons for Old Friends

Africa: President Ruto Backs Safaricom-Ethio Telecom Joint Investments Across Horn of Africa

Addis Ababa — President William Ruto held high-level talks with Ethiopian Prime Minister Abiy Ahmed Ali in Addis Ababa, resulting in a landmark agreement to support joint investment initiatives between Safaricom and Ethio Telecom across the Horn of Africa. During the discussions, the two leaders reaffirmed their commitment to regional peace, security, and economic integration,…

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Africa: Russia-Africa – New Horizons for Old Friends

Africa: How Africa’s Youth Are Rewriting the Rules of Entrepreneurship

By any measure, the landscape of youth entrepreneurship is changing fast. Business opportunities for young people today are no longer confined by geography, access to capital, or traditional gatekeepers. Instead, they are increasingly shaped by digital accessibility, sustainability, and flexible, service-based model. Across the continent, young Africans are harnessing technology, creativity, and lived experience to…

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Tribunal clears Vumatel’s takeover of Herotel

Tribunal clears Vumatel’s takeover of Herotel

The Competition Tribunal has approved the sale of Herotel to Vumatel, but only subject to an extensive set of conditions aimed at safeguarding competition. The decision clears the way for Vumatel, which is already a shareholder in Herotel, to acquire full control of the business. Vumatel, a subsidiary of Maziv, is South Africa’s largest fibre-to-the-home…

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