Browsing: Naspers

China’s Tencent, in which South Africa’s Naspers has a 33.2% stake, may be selling off, but analysts are the most bullish on record. The tech giant fell for the fourth time in five sessions on Tuesday as angst over US technology

Given the explosive allegations made in the last two weeks regarding the basis for the contract between ANN7 and Naspers’s subsidiary MultiChoice, Moneyweb attempted to get the previous communications minister, Yunus

MultiChoice on Friday morning said that it is aware that its deal with ANN7 has caused “real public concern”. The broadcaster’s board has instructed its audit and risk committees to probe the contract. In a statement, MultiChoice

Tencent slumped on Friday, putting it in line for its worst week in almost two years, as investors took profit in global technology shares and before the stock’s weighting gets reduced in Hong Kong’s benchmark index. Tencent

Naspers is planning to invest more in businesses including food delivery to help narrow the valuation gap between Africa’s biggest company and its stake in Chinese Internet giant Tencent. The 33% shareholding in the Shenzhen

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