Browsing: Koos Bekker

News
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

News
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

News
Naspers hikes CEO’s pay as profit rises

Naspers increased the compensation of CEO Bob van Dijk by 5% as the company prepares to further boost its international Internet business in the face of falling pay-television customers in sub-Saharan Africa. Van Dijk was paid US$1,67m

News
Why Koos Bekker cashed in on Naspers

Naspers chairman Koos Bekker cashed in nearly 11,7m Naspers options as the options were issued specifically as remuneration during his tenure as CEO of the company. He could not afford to

News
Koos Bekker sells 70% of his Naspers stake

Naspers chairman Koos Bekker sold nearly 11,7m Naspers N shares recently, reducing his interest in the international media giant by more than 70%. Bekker retired as the CEO of Naspers in March last year, and took the reins as chairman from Ton Vosloo in April this year

News
MultiChoice mints money for BEE shareholders

In a resounding black economic empowerment success story, the value of the 20% investment in MultiChoice South Africa by BEE shareholders has increased by 20 times. The shares are currently trading around R170 each and, including total dividends paid to date of just

News
StarSat won’t withdraw DStv complaint

StarSat parent On Digital Media (ODM) has no intention of withdrawing a complaint it lodged against MultiChoice in 2013 at the Competition Commission, in which it accused its rival of engaging

In-depth
Koos Bekker knew minister would be axed: claim

Naspers chairman Koos Bekker said months before Yunus Carrim was fired as communications minister that he would not be reappointed to the job. This startling allegation is contained in a report by the Mail & Guardian on Friday, in which

In-depth
Why Koos Bekker shunned a salary

Naspers chairman Koos Bekker said his decision to work without a salary when he was CEO helped him focus on building the value of the company, but he wouldn’t recommend it to everyone. In an interview with Fin24 at his Naspers office in Cape Town