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Prosus calls it quits with Russia’s Avito

Prosus has started the search for a buyer for its shares in the Russian classifieds business

Mustek founder and CEO David Kan dies

Kan founded the ICT group in 1987 after emigrating to SA from Taiwan

SpaceX allegedly settled harassment claim against Musk

CEO denies exposing himself and propositioning flight attendant in 2016 and says the incident never happened

Unlimited mobile data on the cards but unlikely to win the game

Uncapped data packages are expected to grow more in fixed line and fixed wireless connections

Vodacom CEO urges restraint in mobile money levies

Governments need to be careful they do not undo 15 years of gains, says Shameel Joosub

MTN proves doubters wrong by notching up 5-million mobile money users in SA

Cellular services giant continues to defy doubts about its decision to reboot its once-failed payments business

UAE telecoms group e& acquires 9.8% stake in Vodafone

The UAE firm, formerly known as Emirates Telecommunications Group, has no intention of making an offer for the whole of Vodafone

MTN grows first quarter profit a fifth amid data surge

The group's core profit rose 21.1% in its first quarter to end-March, amid strong demand for data across Africa

Vodacom to offer unsecured loans up to R350,000 via VodaLend Compare

The company is aiming to clock up at least 25% of its revenue from new services by 2024

CIVH names management of new fibre company

Dietlof Mare and Byron Billett appointed as CEO and CFO respectively of the new firm

Google to pay more than 300 EU publishers for news

Deal includes publishers in Germany, France and four other EU countries for their news

Fortunes of crypto billionaires nosedive in market sell-off

‘No risk of bankruptcy’, says Coinbase Global CEO Brian Armstrong as wealth dives

PODCAST | How are cyberattacks costing small businesses?

Mudiwa Gavaza speaks to Kabelo Makwane, Vodacom Business managing executive for cloud, hosting and security

Net1 changes name to Lesaka as it focuses on SA

The company has sold off its stake in Liechtenstein-based Bank Frick for $30m

No jury could find that Elon Musk did not act recklessly, US judge rules

This is a big victory for investors alleging Musk inflated stock prices by making misleading and false statements, causing billions in damages

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.