Naspers chairman Koos Bekker said months before Yunus Carrim was fired as communications minister that he would not be reappointed to the job. This startling allegation is contained in a report by the Mail & Guardian on Friday, in which
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Naspers investors are breathing a sigh of relief following the release of results from Chinese subsidiary Tencent that were better than analysts had forecast. Net income climbed by
Naspers chairman Koos Bekker said his decision to work without a salary when he was CEO helped him focus on building the value of the company, but he wouldn’t recommend it to everyone. In an interview with Fin24 at his Naspers office in Cape Town
A coordinated effort is needed to align South Africa’s foreign investor message, Naspers chairman Koos Bekker said on Thursday. Bekker believes cabinet or an integrated structure should align
E-commerce website Kalahari was taken offline on Thursday night as Takealot said the merger between the two companies’ websites is now officially complete. The site’s expected closure
As famously contrarian investors, the one stock Allan Gray might be thought least likely to hold is Naspers. Besides being the flavour of the market, the counter is trading on multiples that most value
E-commerce in South Africa is set for a major change as the discontinuation of the Kalahari.com brand and website is set to happen within a month. The Kalahari brand and website will be folded
Naspers, being heavily exposed to Chinese Internet giant Tencent, has been benefiting from an aggressive rally in Chinese equities since the third quarter of 2014, according to an analyst. Rob Price of ETM Analytics said on Tuesday that the Shanghai composite
When the JSE began trading on Monday morning, Naspers opened at R2 001,50/share. This was the counter’s first foray above R2 000, a price that is just below 88% higher than where it opened on 14 April last year. Going back two years, the surge in the share
Riding high on the growing fortunes of Tencent, in which it holds a 34% stake, Naspers smashed through the R2 000/share barrier in morning trading on the JSE on Monday. It’s the first time the technology and media giant has reached the R2 000/share milestone