Investment
Naspers AGM: The antithesis of shareholder democracy
A Naspers shareholders’ meeting is, appropriately enough, more like the annual gathering of China’s rubber-stamp parliament, the National People’s Congress.
Browsing: Basil Sgourdos
In-depth
Would Warren Buffett invest in Naspers?
It would be interesting to speculate how many people who, after reading the Prosus and Naspers results for the year to March, are thinking the same thing: would Warren Buffett invest in either company?
Investment
Naspers CEO bags R276-million in annual remuneration
Bob van Dijk, CEO of Naspers and its European-listed spin-off Prosus, received remuneration of US$15.98-million, or R276-million, in the past year, according to the Naspers annual report published on Tuesday.
Investment
Naspers posts 4.5% fall in full-year profit
Media and e-commerce group Naspers on Monday reported a 4.5% drop in profit for the year to 31 March, mainly as a result of investments to drive growth in its food delivery business.
Investment
Naspers unlocks R150-billion of value with Prosus listing
Naspers unlocked about R150-billion of value for shareholders through the separate listing of its Internet businesses, and with that done is now focusing on bulking up in online food deliveries.
E-commerce
Why Prosus may be too late to scoop up Just Eat
Prosus may be a bit late with its offer to buy Just Eat: Takeaway.com and Just Eat announced their proposed transaction at the beginning of August and have already published a schedule of events to finalise it.
Investment
Another windfall for Naspers executives
The astonishing things is that shareholders were asked to approve the new scheme – and did – without knowing what the performance condition was.
Investment
Naspers gets shareholder green light for Prosus mega-listing
Naspers has received enough votes from shareholders to proceed with an Amsterdam listing of assets including a R1.9-trillion stake in Chinese Internet giant Tencent Holdings.
News
Naspers CEO in R1.9-billion pay, options bonanza
Bob van Dijk received almost R1.9-billion in salary, incentives, and vested share options and shares appreciation rights in the year to March 2019, a regulatory filing published on Friday shows.
Investment
Naspers to list consumer Internet business in Europe in July
Naspers will list on its consumer Internet business on Amsterdam’s Euronext exchange on 17 July, subject to market conditions, in a bid to unlock shareholder value.