Prosus, the Naspers-controlled technology investment giant, has sold a 4.5% stake in the German food delivery platform Delivery Hero to Uber Technologies. The transaction, valued at approximately €270 million, represents a strategic move to satisfy regulatory requirements set by the European Commission. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Apple smart glasses! Under the…
Prosus’s stake in Delivery Hero will drop to 21.8% after a share sale to Uber. JSE-listed Prosus has sold a 4.5% stake in its German delivery platform, Delivery Hero, to Uber for R5.2 billion. Prosus, which operates as Naspers’s international arm, says the sale is part of a European Commission requirement for its takeover of…
Naspers subsidiary Prosus has sold a 4.5% stake in German food delivery group Delivery Hero to Uber Technologies for about €270-million, taking a further step towards meeting European Commission commitments imposed as a condition of its takeover of Just Eat Takeaway.com. The Naspers-controlled technology investor said on Friday it had agreed to sell roughly 13.58…
Technical and logistical problems mean Peruvians choosing a new president and members of Congress continue to vote on Monday.
Jonathan Leibbrandt, Senior Solutions Architect, TrueMark. Artificial intelligence has captured the imagination of businesses worldwide, but building real-world AI applications is far more complex than simply plugging in a model. That’s because the difficult parts of getting it done are unsexy and frequently overlooked. That’s according to Cape Town-based TrueMark Senior Solutions Architect Jonathan Leibbrandt,…
Half find it difficult to obtain health care, identity documents, and police assistance. Key findings On average across 38 countries, public services dominate Africans’ agenda for needed government action. Health tops the list of citizens’ concerns, and education, infrastructure/roads, water supply, crime/security, and electricity all rank in the top 10. Africans are dissatisfied with the…
The Portfolio Committee on Home Affairs has expressed serious concern over severe understaffing at Department of Home Affairs (DHA) offices in Limpopo and Mpumalanga, warning that the situation is directly undermining service delivery. The committee met with provincial leadership from both provinces to receive an update on operations and service delivery challenges. “It is unacceptable…
Every Monday, employees of Delivery Ka Speed, a South African township-focused logistics company, slip a note into parcels that reads “New Week, We Try Again”. The business posts the same line on its social media. Founder Godiragetse Mogajane says the phrase, which they have used since the early days of delivering food on bicycles, “comes…
Ashlin Govender, DKS The South African logistics market has a mix of global giants like Imperial and DHL, mid-sized regional leaders such as Bidvest and Laser Group, and smaller, specialised local players. This last group focuses on overlooked markets, and tries to address some of the hurdles that often eat into a logistics business’ bottom…
Abuja — In a bid to tackle medical tourism among Nigerians, the African Medical Centre of Excellence (AMCE) has performed groundbreaking procedures and advanced treatments in the six months since its commissioning, officials announced during a press conference in Abuja on Monday. AMCE, which opened its US$300 million tertiary medical facility in June, was developed…
