Ervin Tu, newly appointed Naspers and Prosus interim CEO, has promised investors stability and investment discipline.
Browsing: Naspers
Bob van Dijk is stepping down as CEO of both Naspers and its European-listed spinoff Prosus with immediate effect.
Naspers-owned Prosus has launched an aggregated generative AI tool called PlusOne across its portfolio of companies.
PayU has announced it will sell its Global Payments Organisation business for $610-million at its pivots to India.
Pick n Pay has warned of a slump in profits in the first four months of the trading year even as online sales surged.
The removal of the cross-holding structure will let Naspers continue its share buyback programme.
Inflation and rising interest rates in South Africa are two factors that Naspers has pointed to for a loss at Takealot.
Naspers on Tuesday reported a 78% slump in annual profit, led by a drop in the contribution from Tencent.
Mastercard and PayU have joined forces to launch Click to Pay as a way to speed up online payments in South Africa.
The tech investor warned its profit dropped significantly last year due to impairments and lower contributions from Tencent.