Naspers should buy back its own shares to take advantage of the discount between Africa’s biggest company and its stake in Chinese Internet giant Tencent, according to veteran emerging markets investor
Browsing: Naspers
Naspers is spending €660m, or about R10.6bn, increasing its stake in one of Europe’s fastest-growing online food order and delivery businesses, Delivery Hero. For the money, Naspers is buying an additional 13% of the
Naspers is making its video streaming service Showmax available as a free value-added service to DStv Premium subscribers. An update to the DStv Now app, released on Monday, said Showmax
Naspers is an extraordinary company. In September 1994, it listed on the JSE at R19/share. Last month, it traded at…
Tencent Music Entertainment Group, controlled by China’s biggest social network operator, is seeking new funding at a US$10bn valuation ahead of an initial public offering, people familiar with the matter said. The operator
South Africa has a leadership problem. Our president and many members of his cabinet are so deeply compromised, that they are simply unable to be effective. This problem has been allowed to fester because nobody
Naspers CEO Bob Van Dijk said five years of heavy e-commerce investments are bearing fruit, which should prove to investors that the assets are worth more than they think. Van Dijk is seeking to show shareholders that
Chairman Koos Bekker countered criticism that Naspers relies too heavily on its $132bn stake in Chinese media company Tencent by reminding investors that they would have been a lot poorer if he’d given in to similar pressure
Naspers has pierced the R3 000/share barrier for the first time, trading briefly at R3 001/share on Wednesday afternoon on continued optimism over China’s Tencent, in which it holds a 33.2% stake. The JSE-listed technology
Naspers shareholder Allan Gray plans to vote against the remuneration policy of Africa’s biggest company because it isn’t aligned to the performance of the business outside a stake in Chinese media giant Tencent. Naspers