Cell C CEO Jorges Mendes The R20.8-million Cell C CEO Jorge Mendes spent on the company’s shares in September sits on top of a far larger holding he did not pay for: 7.65 million shares, worth about R203-million at the R26.50 listing price, allocated to him by the operator’s largest shareholder when it listed on…
Oracle logo is screened on a mobile phone for illustration photo. Krakow, Poland on July 13th, 2026. (Photo by Beata Zawrzel/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Oracle Corp Japan surged more than 7% Friday after the company reported record fiscal first-quarter sales and profits, as its cloud business posted…
Cell C CEO Jorge Mendes. (Image supplied) Cell C CEO Jorge Mendes has bought nearly R20.8 million worth of shares in the company in two on-market transactions. A JSE disclosure shows Mendes acquired 52 187 ordinary shares at R23 each on 17 September, for a total of R1.2 million. Four days later, on 21 September,…
This picture shows signage of cross-border fast fashion e-commerce company SHEIN. Jade Gao | Afp | Getty Images Shares of Shein fell 8% in their trading debut in Hong Kong on Tuesday, after a tepid IPO that saw the fast-fashion giant’s valuation drop to nearly a quarter from its peak. The Singapore-headquartered, company sold about…
Night view of Alibaba’s headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025. CFOTO | Future Publishing | Getty Images Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued…
Vodacom South Africa CEO Sitho Mdlalose. Five Vodacom executives and the company secretary have sold a combined 63 216 shares, worth about R9.93 million, to settle tax obligations arising from the vesting of shares awarded under the company’s conditional and forfeitable share plan. The transactions, disclosed in accordance with the JSE Listings Requirements, took place…
Doximity at the New York Stock Exchange for its initial public offering on June 24, 2021. Source: NYSE Shares of medical platform Doximity more than doubled at one point in overnight trading Friday after some bold comments on the margin for its new AI search tool. CEO Jeffrey Tangney said the product brings in 10…
A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s IPO, New York. Jeenah Moon/Reuters SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company. But investors remained concerned about how long its profitable Starlink business could continue to bankroll costly investments in data centres…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. The Indian government has been rushing to sell stakes in state-owned companies this year. So far, it has pared its stake in 10 public…
The conglomerate that Warren Buffett built rallied to an eight-month high this week. There could be more gains ahead if they play catch up with the S&P 500.
