Browsing: Naspers

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

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

MTN has just upped the ante in the developing war with rival video-on-demand operators by announcing that it will zero-rate data usage for those streaming content on its FrontRow service. The

Hong Kong-based telecommunications company PCCW is planning to launch a video-on-demand service, possibly as early as next week, that will challenge the recently launched ShowMax