Naspers unit OLX splashes R1.4-billion on Webuycars
A day after announcing a plan to unbundle pay-television unit MultiChoice, Naspers’s online classifieds business OLX has made a R1.4-billion investment in specialised car-buying service Webuycars.
Tencent, the world’s most disappointing mega-cap
Of the 10 companies worth more than $100-billion that analysts predominantly rate as buy, Tencent – 31.2% owned by South African-listed Naspers – has by some distance had the worst 2018.
AI threatens to devastate jobs in emerging markets
Most studies of the impact of artificial intelligence on jobs and the economy have focused on developed countries such as the US and Britain. But the gravest threat AI poses is to emerging economies.
The airport of the future is here – and it doesn’t need humans
Imagine landing at a major airport and the only human official you meet on your way through the terminal is a customs officer.
Call: Naspers CEO Bob van Dijk on the MultiChoice unbundling
Naspers CEO Bob van Dijk, together with Naspers video entertainment CEO Imtiaz Patel and MultiChoice South Africa CEO Calvo Mawela, held a media call on Tuesday morning to discuss the plan to unbundle MultiChoice. Listen to it here.
SA health-tech sector is flying under the radar
While there has been a lot of hype around the South African financial technology space, investors are, to some degree, missing the depth and vibrancy in the emerging “health-tech” sector.
SA needs an independent, hi-tech central bank
The Reserve Bank pioneered Project Khokha to drive consensus and adoption of blockchain systems in South Africa’s financial sector, a highly proactive action similar to other astute emerging markets such as Dubai and Singapore.
Roy Padayachie, Gupta stooge?
If former communications minister Roy Padayachie was doing the Guptas’ bidding, as his predecessor, Siphiwe Nyanda, now suggests, it’s deeply disappointing.
Business confidence tumbles again
Business confidence has declined to the lowest level this year as industries raised concern about policy uncertainty, including the ruling party’s plan to change the constitution.
Netflix scoops 23 Emmys, tying with HBO
Netflix won the most Emmy awards of any TV network on Monday night, capping a sudden and dramatic rise to the top of the entertainment industry for a company that got its start as a DVD-by-mail operation.
