Browsing: Koos Bekker
When Naspers stumbled on a little-known Chinese Internet company in 2001, it could not have dreamed that a US$32m investment would account for more than 80% of the media conglomerate’s R200bn market cap now. Tencent Holdings is the largest Internet solutions provider in China and Naspers, which
The man who helped pioneer media giant Naspers’s online expansion, Antonie Roux, passed away in a hospital in Germany in Sunday after undergoing surgery. He was 54. Roux, who was a former CEO of Internet service provider MWeb, joined the Naspers group as a junior technician in 1979 and was a founding member of pay-TV
MWeb dropped a bombshell on the SA Internet industry on Thursday morning when it announced it was slashing the cost of fixed-line broadband and introducing uncapped offerings starting at just R219/month. The move, which brings SA more in line with Internet prices in other markets, could spark a price war among Internet service providers in the next few months.