In the bustling terminals of Entebbe International Airport, frustration has become as common as departure announcements. Uganda Airlines, the country’s revived national carrier, has in recent months been plagued by setbacks that mirror the wider struggles of African aviation. Just this month, passengers traveling to Dubai and other destinations were stranded for days following technical…
MTN Zakhele Futhi’s only asset is MTN shares. As MTN’s empowerment vehicle – MTN Zakhele Futhi – draws nearer to delisting, shareholders are still disgruntled due to a lack of returns since it made its debut a decade ago. The empowerment vehicle – which trades under share code MTNZF – this week said it had…
Naspers units like Takealot were trading at a discount . Naspers’ fourth share split in its history is already showing positive momentum, with the stock up almost 4% over five days at its post-split price. The company’s move is aimed at boosting liquidity, making it easier for more investors to buy and sell the shares….
Naspers has continued with its share buyback programme. Following digital giant Naspers’s latest announcement that it has bought back R564.4 million worth of shares, ITWeb calculates that it has now spent R130 billion returning value to shareholders. Naspers, with a current share price of R581.17, has long derived most of its value from its 24%…
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel on Monday warned of “adverse reactions” from investors, employees and others to the Trump administration taking a 10% stake in the company, in a filing citing risks involved with the…
