MTN said to pick more banks to work on planned Nigerian IPO

2018-04-20 20:56

MTN has appointed more banks for the sale of shares in its Nigerian unit on the Lagos stock exchange as it eyes an initial public offering in June or July, say people familiar with the matter.

STEINHOFF TIMELINE: From 'Ikea of Africa' to near collapse in just four months

2018-04-20 13:11

Fin24 takes a look at the events of recent months which saw the once giant Steinhoff nearly collapse.

How race, gender blunder cut short Lamberti's 40-year corporate career

2018-04-19 10:05

In the space of just three weeks former Imperial CEO Mark Lamberti's corporate career came crashing down following a race and gender discrimination ruling.

A basic knowledge of finance could save SA from another Steinhoff

2018-04-13 06:00

If more people know how to recognise financial red flags in business, the damage caused by corporate fraud - or even honest mistakes - could be radically reduced, says Kumeshnee West.

How Zuckerberg planned to rebut questions about Facebook breakup

2018-04-11 19:00

Facebook’s Mark Zuckerberg had been prepared to cite competition with China if asked whether the social-media giant should be broken up, according to a photograph of internal notes.

Imperial CEO apologises for remarks to employee after ruling

2018-04-04 19:15

Imperial CEO Mark Lamberti has apologised for comments made to former employee Adila Chowan after a court found him guilty of impairing her dignity.

Tesla’s Model 3 is now America’s best-selling electric car

2018-04-04 06:15

The company delivered more Model 3s in the US in the first three months of 2018 than Toyota did with its Prius Prime plug-in hybrid, or General Motors' did with the Chevy Bolt.

Tesla plunges again as questions swirl around fatal accident

2018-03-29 14:05

Tesla shares have dropped for a second day as questions about a fatal Model X crash in California intensified the pressure on Elon Musk’s electric-car maker.

Facebook reveals new security settings amid privacy concerns

2018-03-28 19:24

Facebook says it will make it more straightforward for users to change their privacy settings and delete data they’ve already shared with the social media company.

MTN's record Ghana IPO seen drawing Africa-focused funds

2018-03-27 18:08

A record wave of stock is heading for Ghana’s market as MTN is said to prepare to sell a chunk of its local unit to investors for about $790m.

 

MTN said to pick more banks to work on planned Nigerian IPO

2018-04-20 20:40

MTN has appointed more banks for the sale of shares in its Nigerian unit on the Lagos stock exchange as it eyes an initial public offering in June or July, say people familiar with the matter.

Twitter’s bet on video streaming is starting to pay off

2018-04-19 17:26

Despite sceptics who said Twitter couldn’t possibly compete with rivals like Facebook, it has carved out a niche in the world of video content and now streams a range of programming.

REVEALED: SA’s cheapest retailer for VAT-exempt items

2018-04-17 06:45

Fin24 went shopping at South Africa's leading retailers to see who has the lowest prices on products exempt from the VAT hike.

Google in talks to buy Nokia's in-flight broadband

2018-04-11 21:53

Google is in talks to acquire Nokia Oyj’s plane broadband business as the Alphabet unit seeks to tap into new services and reach more users by offering in-flight high-speed internet.

Facebook says data on most of its 2 billion users vulnerable

2018-04-05 05:00

The social media giant has said that data on most of its users could have been accessed improperly, giving fresh evidence of the ways it failed to protect people’s privacy.

Spotify climbs after going public in unusual direct listing

2018-04-04 10:36

Spotify shares have climbed from their reference price after it began trading through a direct listing.

Post-Mugabe Zim mining rush leaves big producers behind

2018-04-03 10:29

While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach.

Playboy quits Facebook over data privacy scandal

2018-03-29 12:28

Playboy has announced it was suspending its activities on Facebook to avoid being 'complicit' in a wide-ranging scandal over misuse of private data.

Sanlam stock drops on news of R5.7bn new share issue

2018-03-28 13:39

Sanlam shares fell on Wednesday morning after it announced it had placed 65.5 million new shares to raise some R5.7bn.

H&M's pile of unsold garments grow as earnings plunge

2018-03-27 10:24

Swedish fashion retailer Hennes & Mauritz AB says it’s increasing markdowns this quarter after accumulating a record pile of unsold garments worth more than $4bn.

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