The study published by Naspers says problems with infrastructure, access, costs and regulations are slowing South Africa’s progress towards digital transformation
The opportunities are vast for the investment community
The company has welcomed the removal of concessions that will make it more expensive to buy apparel from international online retailers such as China’s Shein and Temu
The group achieved e-commerce profitability six months ahead of target
The rapid deployment of AI-led technologies across the Naspers ecosystem is generating real results
The company said it was responding to the global culture of online news consumption
The M&G takes a look back at the share price crashes, the historic leadership changes and the surprising appointments
The company sees opportunity in online payment – UPay – and food delivery – Swiggy
The fundamentals of its operating
businesses are improving, driving profitable growth
The fundamentals of its operating businesses are improving, driving profitable growth
The investment community has for a long time been unhappy about the Naspers and Prosus leadership, including excessive remuneration
Ervin Tu, the group chief investment officer at Naspers, has been appointed interim chief executive of both companies
It’s difficult to drive and to understand. The company is once again trying to simplify its structure by unwinding cross-shareholdings
The cross-holding between Prosus and Naspers has been removed, allowing open-ended buyback to continue
In the last year good progress has been made across all of the Group’s strategic objectives
Asset managers are concerned about the share exchange but others welcome it because Naspers has dominated the JSE
Phuti Mahanyele-Dabengwa, chief executive of global internet company Naspers, has held senior posts in investment and development banking. She tells Tshegofatso Mathe about her family life in Soweto and her career, including with Cyril Ramaphosa before he went back to politics
Fear of contracting the coronavirus while fighting off other shoppers will probably change how people shop for sales
Polish anti-racism groups grow more concerned as the image of Chris Hani’s killer becomes normalised, with Janusz Walus’s likeness and name displayed on products for sale on a Naspers-owned website
The country is being pushed to develop more SEZs. But is this a viable strategy, given unemployment and ‘deglobalisation’?
The South African company is aiming to build
a food-delivery empire and already has investments in Brazil, India and Germany
Naspers’s listing of its internet holdings on Euronext makes its assets more tradeable
The firm is countering threats from streaming services and is investing strongly in local content
The boards and top management are mostly white men, but the majority of the media houses’ employees are African women
The inaugural investment conference has brought promises of funding to the tune of billions to strengthen the economy
A trade war with the US, a crackdown on video gaming and a bear market have dimmed its prospects
Naspers is no longer reliant on its entertainment business cash flow to support new ventures
The company seeks to become the continent’s video entertainment channel by offering online streaming services and pay-tv
The new company will be named MultiChoice Group and will include MultiChoice South Africa Holdings and its subsidiaries
Earlier this year MultiChoice had a briefing following the probe, indicating that no irregular payments were made to ANN7
Media24 joins eight other media companies that have reached settlement agreements with the Competition Commission
There may be positive spin-offs for countries like South Africa but the overall global effect will be negative