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Latest Business Headlines: New CEO for MTN Nigeria, Steinhoff Delayed Results & Famous Brands suffers loss

Latest Business Headlines: New CEO for MTN Nigeria, Steinhoff Delayed Results & Famous Brands suffers loss

IDC in the red due to Sasol losses The Industrial Development Corporation (IDC) suffered a R3.8 billion loss in the year to end-March (even before the impact of Covid-19) due to the slumping value of its shareholding in Sasol and rising impairments. New CEO for MTN Nigeria Ferdi Moolman has resigned as CEO of MTN Nigeria, and...

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Facebook will start charging for WhatsApp Business services

Facebook will start charging for WhatsApp Business services

Facebook said Thursday it will start charging companies for some its WhatsApp Business chat services. WhatsApp Business allows small and medium businesses to chat with customers, provide support and sell products directly. Facebook said it will soon offer services like hosting, to help partners manage chat messages with clients, inventory and more. WhatsApp Business has more than 50...

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TripAdvisor says Google is using its ‘dominance in internet gatekeeping’ against travel sites

TripAdvisor says Google is using its ‘dominance in internet gatekeeping’ against travel sites

TripAdvisor CEO Stephen Kaufer, a longtime critic of Google, welcomed the government’s decision to look into the tech behemoth. The DOJ and 11 Republican state attorneys general are going after Google for allegedly unlawfully maintaining a monopoly in search by cutting off rivals from key distribution channels. “We think the DOJ is taking an important first step …...

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Alaris Holdings: High Cash Reserves for an overlooked Small Cap Company

Alaris Holdings: High Cash Reserves for an overlooked Small Cap Company

Small cap companies listed on the JSE Alternative Exchange (AltX) Board are often overlooked by investors. It’s fair to say that investors take comfort from large cap stocks with high liquidity, history of growth and a certain amount of assurance around dividend payouts; however, it would be short-sighted not to consider a solid company with...

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Qatar Airways Enters South African Aviation Market & Partners with FlySafair

Qatar Airways Enters South African Aviation Market & Partners with FlySafair

Qatar Airways, by some estimates the world’s biggest airline, has entered into partnership with FlySafair, South Africa’s largest domestic airline. The announcement follows shortly after a similar deal with local airline Airlink. Qatar’s so-called “interline agreement” with FlySafair will allow passengers to book connecting flights through either of the companies. Travellers won’t have to book connecting flights separately.  An interlink...

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BIG Bonanza: DStv Open Weekend – Free SuperSport for all Customers

BIG Bonanza: DStv Open Weekend – Free SuperSport for all Customers

MultiChoice has announced an open weekend for SuperSport content through the DStv app. Customers subscribed to the DStv Compact Plus, Compact, Family, and Access packages will be able to view all SuperSport channels through the DStv app (formerly known as DStv Now) on Saturday 24 October and Sunday 25 October. Normally, most of these SuperSport channels are...

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