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Investment bank opinion divided on Prosus listing

By Kit Rees (Bloomberg) – Prosus NV, which listed in Amsterdam just last week, is splitting opinion among the first investment banks to cover the stock. While Jefferies rates the Naspers Ltd....

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Oil shock could kill rate cut; Trevor Manuel eats humble pie; Prosus opinion...

By Jackie Cameron The oil price shock may have put paid to an interest rate cut in South Africa. The assault on Saudi Arabian oil facilities is already taking its toll on South Africa’s rand, and may...

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Tax net tightens: Google, Amazon, other tech beasts may have to follow Naspers

In the past, Naspers bosses have criticised tax legislation for allowing companies like Google to benefit at the expense of South African media companies. This article is exclusive to Biznews Premium....

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Naspers spinoff Prosus enters £5bn bidding war for Just Eat

By Amy Thomson (Bloomberg) – Naspers spinoff Prosus NV swooped in with a £5bn ($6.5bn) bid for UK food delivery company Just Eat, challenging an agreed combination with Takeaway.com NV. Prosus has...

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Naspers’ Prosus gets set to throw egg rolls in Europe’s big food fight for...

Investors are routinely advised to invest in what they know. Stock market investors spend a huge amount of time scrutinising numbers and calculating ratios to help them assess whether a publicly listed...

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WORLDVIEW: Naspers loves food delivery, but there are huge risks

If we’ve learned anything from the WeWork, it’s that reality matters – those lessons are eventually going to apply to Naspers favourite, food delivery. This article is exclusive to Biznews Premium....

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Prosus CEO Bob van Dijk like a dog with bone over Just Eat; opportunity of a...

By Natalia Drozdiak (Bloomberg) – Prosus Chief Executive Officer Bob van Dijk is on to something big with his bid for Just Eat, and he isn’t going to let it get away easily. The giant Naspers spinoff...

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Call of Duty could be Tencent’s comeback card; Naspers trump card

By Lulu Yilun Chen (Bloomberg) – It’s getting harder to believe in Tencent’s comeback. But after a brutal couple of years, its long-awaited turnaround may come down to a game – good thing that game is...

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Just Eat leaves bad taste in mouth: Sizing up Bob van Dijk’s food delivery...

According to reports, if Bob van Dijk acquires Just Eat, he plans to pump more money into product innovation, technology and delivery capability. This article is exclusive to Biznews Premium. Members...

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Naspers unlocks $10bn of value with Prosus listing; keen eye on food delivery

By Loni Prinsloo (Bloomberg) – Naspers unlocked $10bn of value for shareholders through the separate listing of its internet businesses, and with that done is now focusing on bulking up in online food...

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World’s fastest growing brand will make Naspers investors even hungrier

After an astonishing three decades, the JSE’s long-time rocket Naspers has been in cruise control over the past five years, its share price appreciating a relatively modest 17% a year since 2014....

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SARB will remain independent; Pvt electricity generation step-up; Eskom chair...

Content hosted by iono.fm By Linda van Tilburg The ANC has re-affirmed the independence, role and mandate of the South African Reserve Bank in an annual policy statement. The assurance may allay fears...

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Prosus discipline rewarded with a 22% price lift. Augurs well for future.

Picked up some interesting data while researching ahead of my interview last evening with Prosus CEO Bob van Dijk, who will celebrate six years as the Naspers Group CEO in April. Since mid-December,...

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Bob van Dijk on JustEat, JP, Techcrunch – and why for Prosus “the future’s...

Because of the unique perspectives provided, this interview with Prosus CEO Bob van Dijk is a must-listen for shareholders in the Amsterdam and Johannesburg-listed company. This article is exclusive...

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Bob van Dijk’s bit for climate change: Invest big in second-hand clothes trade

By John Bowker (Bloomberg) – Naspers, Africa’s biggest company by market value, expects second-hand clothing sales online to pick up as companies around the world look to cut production of new goods to...

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Saffers optimistic about future – survey; lottery scandal; Naspers into...

Content hosted by iono.fm By Jackie Cameron South Africans are more optimistic about the future, a trust barometer shows. The Edelman Trust Barometer, released at the World Economic Forum in Davos this...

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Naspers creams R24bn off Prosus for SA shareholders – The Wall Street Journal

South Africa-based internet group Naspers said that it has sold 22 million ordinary shares in Prosus NV at 67.50 euros ($74.90) a share. This article is exclusive to Biznews Premium. Members please...

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Local punters battle to get heads around exponentiality – first Naspers, now...

Spent much of yesterday morning watching Discovery’s CEO Adrian Gore deliver his group’s interim results to a room packed with investment analysts. The subsequent decline in the share price, suggests...

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Nampak, Naspers: Investment metrics reveal a poor show – Ted Black

Ted Black, a Return on Assets Managed specialist, has ripped open the books of Nampak and Naspers in order to investigate whether they are really making an economic profit. This article is exclusive...

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What does the US food delivery shakeup mean for Naspers?

Through Prosus, Naspers is a major player in the world of global food delivery, but the long-term future of the business is anything but clear. This article is exclusive to Biznews Premium. Members...

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