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Naspers tumbles 10% after Tencent misses estimates

Naspers, which owns a 31% stake in Tencent, slumped as much as 10% on Wednesday.

Tencent surprises with profit drop as China hobbles games

The results reflects a slowing growth in cash cow mobile game Honour of Kings, increased spending and fewer investment gains.

Crypto’s millennial mining tycoon is said to plan $3bn IPO

If the IPO goes as planned, it would represent a major test of investor appetite for digital-currency companies.

Sygnia shuts SA hedge funds to end ties to ‘fee racket’

This ends a 13 year history with the investment strategy.

Tencent traders prepare for wildest earnings reaction since 2015

Hold tight.

Mall landlords are surely nervous

Space cuts continue, with little demand to mop up leases …

Curro to build more private schools in townships

Private education group sets aside R400 million for six new campuses; part of its R2-billion-plus capex budget.

SABC, DStv sign new, ‘clean’ channel supply deal

SABC News and SABC Encore has signed a new agreement to continue being broadcast on DStv.

Walmart’s size may not shield it from rising prices

Increased costs in transportation and raw materials have prompted some food and drinks companies to increase their prices.

Curro boosts revenue by 18%

Improvements due to increased efficiencies.

Gold Fields plans to slash jobs in mine restructure

It is expected that around 30% of the workforce will be cut.

Tencent-backed Chinese EV maker seeks $1.8bn US IPO

Becoming the first Chinese automaker to seek a listing in the US.

Esor submits construction subsidiary to business rescue

Adds to a growing list of construction firms that are fighting off liquidation.

China orders Tencent to kill game just days after its debut

Tencent shares fell 2.4% on Monday after the government revoked an operating licence on a new game.



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