Browsing: Koos Bekker

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Koos Bekker lashes critics at Naspers AGM

Chairman Koos Bekker countered criticism that Naspers relies too heavily on its $132bn stake in Chinese media company Tencent by reminding investors that they would have been a lot poorer if he’d given in to similar pressure

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Who really controls Naspers?

Listed printing and publishing company Caxton on Wednesday presented its understanding of the Naspers control structure which, if true, would mean the end of the Keeromstraat-Nasbel voting pool that currently controls the Naspers group. Caxton argued this

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Naspers video assets under pressure

Naspers’s video entertainment assets, which include DStv operator MultiChoice, have come under severe margin pressure as investment in ShowMax and weak currencies in many of its markets put downward pressure on its trading

Editor's pick
Naspers worth less than what it owns

Fifteen years ago, a South African media company invested US$34m in an obscure Chinese Internet developer. Today that stake is worth $88bn. All Naspers, now Africa’s most valuable company, has to do is figure out how

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Skills gap strands SA business

As CEO of First National Bank, Michael Jordaan moved the lender into the tech era by persuading customers to manage their accounts online. One of his biggest challenges was finding enough software developers. “At the time we had severe shortages

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Sparks fly at Naspers AGM

A few feathers were ruffled at the ordinarily calm Naspers annual general meeting of shareholders on Friday, causing a former director to walk out and suggest other shareholders follow and chairman Koos Bekker to threaten to evict an activist

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Bekker warns of challenges for Naspers

Naspers is facing challenges from weaker African currencies and competition from US technology operators as the continent’s biggest company by market values tries to grow its Internet and pay-TV businesses. Foreign-exchange movements