Vast Networks, billed as Africa’s first open-access Wi-Fi infrastructure operator, plans big expansion in the coming years as it looks first to consolidate the networks it’s inherited and then expand
Browsing: Naspers
Naspers has sold African online price comparison service PriceCheck to Silvertree Internet Holdings and the company’s original founder, Kevin Tucker. The value of the deal has not been disclosed
The Sunday Times Top 100 Companies list, announced on Tuesday evening, has ranked the top performing companies on the JSE over the past five years. Technology group EOH has
South African-headquartered media and Internet giant Naspers on Monday said it would sell its holdings in online retailer Netretail and price comparison site Heureka to the Czech-based investment firm Rockaway Capital for US$201m (about R2,7bn). The move
It’s no surprise that Internet and media group Naspers on Friday announced a US$1,2bn (R16bn) deal to become the largest shareholder in Avito, the leading online classifieds platform in Russia, Mof Terreblanche, a director of Stonehage Investment Partners, said on Friday
South African media and technology giant Naspers on Friday morning announced it is upping its stake in Russian classifieds platform Avito from 17,4% to 67,9% in a deal valued at a whopping US$1,2bn (about R16bn). In a statement, Naspers said it invested initially
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and
Naspers chairman Koos Bekker cashed in nearly 11,7m Naspers options as the options were issued specifically as remuneration during his tenure as CEO of the company. He could not afford to
Naspers chairman Koos Bekker sold nearly 11,7m Naspers N shares recently, reducing his interest in the international media giant by more than 70%. Bekker retired as the CEO of Naspers in March last year, and took the reins as chairman from Ton Vosloo in April this year
In a resounding black economic empowerment success story, the value of the 20% investment in MultiChoice South Africa by BEE shareholders has increased by 20 times. The shares are currently trading around R170 each and, including total dividends paid to date of just