Naspers, Prosus announce shock CEO departure
The companies say Bob Van Dijk has agreed to help with the transition and will continue to serve as a consultant to the group for another year.
Cape Town correspondent
3:50
Naspers propels M&A activity in Sub-Saharan Africa
Boosted by the $44.1 billion Naspers-Prosus share swap, the value of M&A transactions in the region reached $78.3 billion during the first nine months of 2021.
3:40
Naspers’s e-commerce revenue outpaces Tencent
The company posts blowout e-commerce revenue growth of 55% for the year, outperforming the Chinese Internet giant, which posted 28% revenue growth.
2:30
Prosus announces accelerated offering of Tencent shares
We have informed Tencent of our intention, which is understood and supported by Tencent says Prosus CEO Bob van Dijk.
3:40
E-commerce, food delivery services bolster Naspers revenue
Naspers’s food delivery businesses nearly doubled revenue growth, while e-commerce revenue grew 69%, boosted by Tencent and Takealot Group.
2:00
Naspers's Prosus eyes US$5bn share buyback plan
In total, up to $5 billion in shares in Naspers and Prosus will be purchased on the open market on a pro-rata (72.5%/27.5%) basis.
4:10
Naspers readies to weather COVID-19 storm with $22.1bn revenue
The company believes it is well-positioned to navigate the coronavirus uncertainty ahead after its revenue grew 23% for the year ended 31 March.
2:10
Naspers to list Prosus on Euronext Amsterdam in September
Naspers expects to own at least 73% of Prosus and the free float is expected to be up to 27%.
1:40
Naspers names SA CEO
The global Internet group creates a new executive position to lead its local business, names Phuthi Mahanyele-Dabengwa as CEO.
3:10
Naspers to list NewCo on Eurnonext Amsterdam
Naspers will own approximately 75% of NewCo and will retain its primary listing on the Johannesburg Stock Exchange.
3:10
MultiChoice starts JSE trading at R95.50
The pay-TV operator today entered a new chapter after listing on the Johannesburg Stock Exchange.
2:00
MultiChoice shares to begin trading next month
Internet giant Naspers confirms its video entertainment business will list on JSE on 27 February.