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Naspers, Prosus to unravel cross-shareholding structure

The removal of the cross-holding structure will let Naspers continue its share buyback programme.

South africaNoord hollandSouth africanVan dijkBob van dijkPeter takaendesaAfrican reserve bankTencent holdingsSouth african reserve bankCape town basedMergence investment

Rising profit estimates mask SA s frail equity outlook

But upgrades don t reflect challenges faced by local companies.

South africaCape townWestern capeUnited statesNoord hollandSouth africanRehana khanAshish chughPeter takaendesaAfrican reserve bankInternational monetary fundLoomis sayles coHarmony gold miningBritish american tobaccoEquity fundAll share index

Telkom a perfect fit for Axian and Maseko

Madagascan telecom firm sees South Africa as the ideal springboard for further acquisitions on the continent.

South africaSipho masekoWorld warSunday timesComment policyFarai mapfinyaAxian telecomPeter takaendesaBusiness timesPan africanBusiness connexionRunion mayotteMergence investment managersElon muskAequalis asset managersCell c

SA telcos perfect storm and share price dives

Sector index is down 30% over the past 12 months.

South africaCasparus treurnichtPeter takaendesaTelecommunications indexHuge groupAll share indexMergence investment managersBlue label telecomsBlue labelGryphon assetPatrice motsepe backed african rainbow

Telkom jumps over 7% on reports of PIC-backed bid

Shares in SA's third-biggest mobile operator Telkom rose 7% on Monday following reports that the PIC is backing former CEO Sipho Maseko’s investment vehicle, in a bid for a large stake either in it or its assets.

Sipho masekoPeter takaendesaMakwe masilelaAxian telecomMakwe fund managersPublic investment corporationMauritius based axian telecomMergence investment managers

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