Naspers has awarded CEO Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks to boost its global Internet businesses amid declining profit at the sub-Saharan
Browsing: Naspers
China is stepping up its scrutiny of online and mobile games, as the leading government-owned newspaper blasted Tencent Holdings’ Honour of Kings for harming children in the pursuit of profit. Tencent is one-third held by
Earlier this month, Caxton raised questions about Naspers’s complex control structure. At a Competition Tribunal hearing it contended that an inquiry was needed to determine who directs the company’s strategy. The tribunal ultimately rejected
MultiChoice parent Naspers has disclosed that it has grown the number of pay-television subscribers on its books substantially in the past year, though pressure on prices in a weak economy, coupled with
Naspers will approach investors in the US and the UK next week about a bond issue as Africa’s biggest company by market value continues its acquisition-hungry quest to expand its Internet businesses. The proceeds for the bond will shore
At the rate foreign investors are deserting South African stocks, the country’s main index should be in decline. It’s not, thanks largely to two shares that draw their strength from Hong Kong and Zurich. The JSE’s benchmark is up 0.6%
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Albert Saporta, a director of Geneva-based investment advisory firm AIM&R has written an open letter to Naspers CEO Bob van Dijk accusing him of destroying R334bn of shareholder value since his appointment more than three years ago
Tencent, in which South Africa’s Naspers holds a one-third stake, might want to tighten the purse strings a little. More than US$19bn in deals over the past year have added some pretty cool
Listed printing and publishing company Caxton on Wednesday presented its understanding of the Naspers control structure which, if true, would mean the end of the Keeromstraat-Nasbel voting pool that currently controls the Naspers group. Caxton argued this