Naspers CEO Bob van Dijk has insisted in a radio interview that the MultiChoice board must take responsibility to deal with allegations swirling around the pay-television operator. Naspers will only step in if the MultiChoice
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Has a top MultiChoice executive been caught in a lie over the controversial channel supply agreement the company signed in 2013 with the SABC? Nolo Letele, MultiChoice’s executive chairman, told TechCentral in an
Despite the tough economic environment, MultiChoice added nearly 600 000 DStv subscribers in South Africa the first half of its 2017 financial year, which ended on 30 September 2017. That’s an increase of 10% over
Less than three months after topping R3 000 for the first time, Naspers’s share price on Monday touched the R4 000 level on Monday afternoon as shareholder optimism over Chinese Internet
Pay-television operator MultiChoice has appointed a new CEO of its South African operation. Calvo Mawela will take the reins from Mark Rayner, who is being shifted into the role of chief operating
Tencent, in which South Africa’s Naspers holds a 33% stake, rose to a record high after posting accelerated sales growth and topping the most optimistic of analyst estimates. The shares climbed 2.3% to a
Tencent has posted its strongest growth in more than seven years, riding the success of games like Honour of Kings and a rapidly expanding Internet advertising business. Shares in Johannesburg-listed Naspers, which owns a third of
The story of the JSE so far this year has mostly been the story of Naspers. The media giant’s share price has gained over 75% in 2017 and accounts for the majority of the index gains year to date. It follows that unit trust funds
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Naspers is keen to continue its search for e-commerce and tech investments, with Africa’s biggest company happy to deploy a sizeable war chest in its hunt for deals. “We have several billion in cash and