Bean-counters vs books

It has been a sad and bad year for the book world in Johannesburg.

Ultimately our democracy will suffer

Read the open letter to Naspers and Media24 executives about the possible closure of Boekehuis.

Is MXit worth the money?

Alan Knott-Craig Jnr is looking for attention. He wants so much of it, that he's just bought the attention of 40-million people in 120 countries.

Naspers sells stakes in MXit

Naspers has sold its 30% stake in the mobile instant messenger, MXit, to technology investment firm World of Avatar for an undisclosed amount.

MultiChoice sees off TopTV threat for now

MultiChoice added more than 360 000 new subscribers in SA in the six months to 30 September, beating its new rival which launched TopTV in May.

Naspers profits up by a third

Media conglomerate Naspers posted a 33% rise in first-half earnings on Tuesday, helped by strong performance of its pay-TV and internet units.

Caxton, Naspers go another round

South Africa's two largest listed media companies take each other on before Icasa.

Naspers buys stake in Russian internet firm

Listed media company Naspers will buy 28,7% of one of Russia's leading internet firms, it said on Wednesday.

'Good year' for Naspers

Most emerging markets in which media company Naspers operates survived the global economic downturn reasonably well, it said on Tuesday.

Naspers mulls more retrenchments

Naspers is offering some editorial staff in its print business severance packages, a media report said on Wednesday.

Naspers first-half earnings up

Africa's biggest media group, Naspers, reported a 36% increase in first-half core headline earnings per share on Thursday.

Naspers buys Brazilian e-commerce company

Naspers has bought Brazilian e-commerce group BuscaPe.com for $342-million, the media company said on Tuesday.

Naspers core profit edges up on pay-TV subscriptions

Naspers reported a 4% rise in core earnings, in line with expectations, as it signed up more pay-TV customers, but headline profit fell.

Naspers earnings dip, eyes expansion

Africa's biggest media company Naspers reported a 3,8% drop in first-half core headline EPS, at the top end of its own forecast.

Telkom buys MWeb Africa from Naspers

Telkom has agreed to buy all of MWeb Africa and a 75% stake in MWeb Namibia from Naspers for R610-million, it was announced on Monday.

Naspers's jig with the devil

"What would you do if, for R2,6-million, you had to choose between God and Mugabe?" asks Afrikaans musician and author Koos Kombuis on his blog.

Naspers to auction off MWeb

Multinational media company Naspers announced on Monday that, following approaches for the sale of its internet service provider business MWeb, it is initiating an auction process. MWeb is one of the largest residential internet service providers in South Africa and also owns the largest VSAT corporate internet base in sub-Saharan Africa.

Naspers makes offer for UK internet trader

South African media group Naspers and Tradus -- formerly QXL Ricardo -- have reached agreement on the terms of a recommended cash offer to be made by Naspers's subsidiary Myriad International Holdings BV for the entire share capital of Tradus at £18 a share, it was announced on Tuesday.

JSE flat after weak opening

A weaker rand offset the JSE's earlier losses on Tuesday and the bourse was flat by midday. The JSE initially opened weaker following an overnight drop on Wall Street. At noon, the JSE's all-share index was barely changed (+0,02%). The gold mining index climbed 0,62%, and resources lifted 0,24%.

BHP continues to help JSE advance

The JSE continued to advance by noon on Friday as BHP Billiton's announcement from Thursday flowed through the market. On Thursday, BHP Billiton admitted to having made a play for rival Rio Tinto, which put to rest days of market speculation over whether BHP Billiton was in fact courting Rio Tinto over a potential tie-up.

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