Naspers shares rallied to an all-time high on Monday amid continued optimism over the growth prospects of its Chinese affiliate, Tencent. The share touched a new high of R2 873.93 in afternoon trade on the JSE, before
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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
[dropcap]F[/dropcap]acebook’s WhatsApp messaging service has been partially blocked in China, following a censorship crackdown by the government. Multiple WhatsApp users…
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
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
View the latest contribution from TechCentral cartoonist Jerm.
Apple has long proved adept at negotiating China’s notoriously challenging market, responding to fickle consumer tastes and unpredictable regulation far more adeptly than its competitors. But a recent decision to start taking
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