Browsing: MIH

News
New CEO at MultiChoice Africa

MultiChoice Africa CEO Nico Meyer has left the pay-television operator for “personal reasons”. He left the group’s employ on 31 March, MultiChoice GM for corporate affairs Jackie Rakitla confirmed on Monday. He has been replaced by Tim Jacobs

News
Naspers shakes up its board

Naspers has announced a number of changes to its board of directors reflecting the rapid expansion of its subsidiary MIH Holdings, which now accounts for most of the group’s market value, and the relative decline in contribution by its traditional print assets. In a statement

News
Naspers in R1bn India deal

Naspers and Tencent, in which it holds a 34% stake, has acquired Indian online ticketing company RedBus through their joint venture company Ibibo. The value of the deal has not been disclosed, but reports suggest the value the deal was over US$100m (R1bn). The Times of India reported on

In-depth
Naspers rides Tencent to Internet fortune

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

Chris Roper
Remembering Antonie Roux

The moustache is dead. It’s hard to believe. Naspers CEO of MIH Holdings, Antonie Roux, who I worked for and with from 1999 to around 2009, was the most livewire person I’ve ever encountered in the workplace. I can’t be more precise about dates and hierarchies because

News
Naspers Internet pioneer Antonie Roux dies

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

News
Roux takes reins at Naspers’s MIH

Long-serving Naspers executive Antonie Roux has taken the reins at MIH Group, the JSE-listed media group’s biggest subsidiary. MIH holds all of Naspers’s electronic interests, including pay-TV operator MultiChoice

Justin Spratt
Solving the VC funding gap

Large sums of money are available to technology start-ups in SA. But there are almost no technology start-ups getting funded. This is a big problem for the country, both socially and economically, as it strives to lift its long-term growth trajectory. Foreign direct investment and portfolio investment flows will never achieve this alone. Strong growth in new businesses is paramount for growth and social upliftment.