On 6 February 2018, it emerged that OLX, an African e-commerce platform, has shut down all its offices in Africa except the one in South Africa. The company, which is owned by Multinational media group and investor Naspers, has thus shutdown operations in...
In 2015 Tiger Global and Naspers originally invested into Takealot for the first time. Now after the second investments the potential that the South Africa e-commerce market has is clear according to Takealot who have used the initial invest to grow into a...
August 7, 2013 •
Features, Top Stories •
NetAdmin •
Comments Off on Print is dead – not according to Jeff Bezos
US technology entrepreneur and founder and CEO of Amazon.com, Jeff Bezos, has reportedly purchased iconic American newspaper, the Washington Post, for $250 million. Reports claim the offer has been accepted by the 135-year-old newspaper’s long-time owners,...
Antonie Roux, the head of MIH and Naspers’ Internet operations, has died. A Media24 report said Roux passed away on Sunday in Germany following cancer surgery. His career at Naspers spanned twenty years. At the time of his passing, Roux had established...
April 12, 2012 •
Events, Top Stories •
NetAdmin •
Comments Off on Former Google exec to preside over Tech Demo Africa
Former head of Google South Africa and current CEO Ecommerce Platforms South Africa at MIH Internet, Stephen Newton, will chair the forthcoming Tech Demo Africa(TDA), hosted by IT News Africa and its partners on 17 April at the Radisson Blu Gautrain Hotel in...
Alan Knott-Craig Jnr, former head of iBurst and son of former Vodacom CEO Alan Knott-Craig Snr, has purchased popular social messaging platform MXit through his start-up investment firm World of Avatar. The value of the acquisition has not been disclosed. As...