Tencent stock falls as Prosus/Naspers to sell shares to fund buybacks

Dutch technology investor Prosus NV PRX.AS, PRXJn.J on Monday announced it will gradually sell down its massive stake in Tencent 0700.HK, reversing a pledge...

Tanzania: Tourism Tops Tanzania Foreign Exchange Receipts in 2018

Dar es Salaam — Tourism sector was the main contributor of foreign exchange receipts by the country in the year to December...

South Africa’s MTN first-quarter pretax profit up 21%

South African mobile operator MTN Group MTNJ.J said on Friday first quarter pretax profit rose 21.1% year-on-year, supported by service revenue growth amid demand...

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BLOGS

Award-winning South African jazz singer Gloria Bosman dies

Smooth-voiced South African jazz musician Gloria Bosman has been lauded for her contribution to the country’s music industry in a career spanning more than...

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BRA Leaders Awards

UFC 286: Usman prepares to redeem himself against Edwards

It was a crosshead kick that ended Kamaru Usman’s long reign as champion and made Leon Edwards a UFC star. Edwards certainly will never forget...

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Economic Diplomacy

Agoa trade deal talks: South Africa will need to carefully manage...

South Africa must tread carefully in its economic relationships to avoid being caught in the escalating tension between east and west, and more specifically...

Markets

Ahead of the Organisation of Petroleum Exporting Countries (OPEC) and allies meeting scheduled for Thursday, oil prices rise on Wednesday after industry data showed drawdowns in U.S. crude and fuel stockpiles. This raises supply concerns and offsets worries about slowing...

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