Prosus aims to buy back Naspers shares, own stock to narrow Tencent discount
(Bloomberg) – Prosus NV plans to buy back a combined $5 billion of shares in the global e-commerce giant and its South African parent Naspers Ltd., a move designed to boost shareholder value and narrow...
View ArticleFlash Briefing: Steenhuisen wins DA race; Trump v Biden; Comair; Prosus;...
By Linda van Tilburg John Steenhuisen has been elected as the Democratic Alliance’s new leader for the next three years following its virtual Federal Congress over the weekend. Steenhuisen who has...
View ArticleAlec Hogg: SA group’s massive share buyback sets stage for our experts
Alec Hogg shares his rational perspective on Naspers and its Dutch-based subsidiary Prosus, who recently announced a $5bn share buyback. This article is exclusive to Biznews Premium. Members please...
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Inside Investing: Apple, Amazon, Naspers, OrbVest, Richemont – and our gurus...
Episode eight of the Inside Investing podcast focuses on tech stocks. We kick off with the world’s biggest company, Apple Inc, whose share price fell back after last week’s quarterly results. Then our...
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Storm clouds roll towards Naspers-owned Tencent from Beijing – With insights...
It was to be the world’s biggest IPO – until the Chinese government stopped it. Ant Group – the world’s highest-valued fintech company had its moment taken away from it, when the US$34bn IPO was halted...
View ArticleCash-flush Prosus, owned by Naspers, is hunting for companies to buy
Prosus released its interim results for the six months to September and says it has been given a boost during the pandemic. Revenues increased 32% to US$12.7bn with strong growth across food delivery,...
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Naspers shares for the Xmas stocking? And other festive stock market...
On the Money. Budding stock market investor Jarryd Neves, of BizNews, sends out an invitation to everyone who wants to ask questions about share investing – but is too embarrassed to ask. Write to...
View ArticleAlec Hogg: Naspers loses interest in its loss-making legacy SA media asset
Alec Hogg shares his rational perspective on Naspers and invites BizPremium members to a webinar with the CFO, Basil Sgourdos. This article is exclusive to Biznews Premium. Members please login here....
View ArticleAlec Hogg: Nothing Fawlty about this Basil’s logic – Naspers aims to close...
BizNews founder Alec Hogg shares his rational perspective on Naspers CFO, Basil Sgourdos and the 'discounted' shares of the SA business giant. This article is exclusive to Biznews Premium. Members...
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I’ll have some Naspers to go with the emerging market fund, thanks – On the...
On the Money. Budding stock market investor Jarryd Neves, of BizNews, sends out an invitation to everyone who wants to ask questions about share investing – but is too embarrassed to ask. Write to...
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Is that Tesla I see in 2021? On the Money with Jarryd Neves
On the Money. Budding stock market investor Jarryd Neves, of BizNews, sends out an invitation to everyone who wants to ask questions about share investing – but is too embarrassed to ask. Write to...
View ArticleWorries for Naspers – With insights from The Wall Street Journal
'The effort underscores Beijing’s resolve to rein in technology giants seen to be growing too quickly', says The Wall Street Journal. This article is exclusive to Biznews Premium. Members please login...
View ArticleFlash Briefing: Trump signs pandemic aid package, Beitbridge crisis cleared...
By Melani Nathan Global shares ticked up today as US President Donald Trump signed into law a $2.3trn pandemic aid and spending package he had until now refused to sign. Trump signed a bill...
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More worries for Naspers? US stokes China investment fire – With insights...
Chinese tech titans, Alibaba and Tencent, fell sharply in trade on Thursday over growing concerns that US officials are considering the prohibition of American investment in the internet giants....
View ArticleTaking stock: JSE reaches record high; Naspers; Rebosis; Sasol
The week that was… It’s been a phenomenal week for JSE investors with the All Share Index up over 5% for the week, meaning that it’s already outperformed 2020’s 4.1% annual return. The week’s gains...
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What does personal finance mean to you? – On the Money with Jarryd Neves
On the Money. Budding stock market investor Jarryd Neves, of BizNews, sends out an invitation to everyone who wants to ask questions about share investing – but is too embarrassed to ask. Write to...
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The rollercoaster ride continues for Naspers
JSE-listed heavyweights, Naspers and Prosus, can breathe a sigh of relief after reports emerged that US officials have decided against an investment ban on China’s e-commerce giants, Alibaba and...
View ArticleTrump idea dump boosts Naspers – With insights from The Wall Street Journal
'The U.S. government is expected to let Americans continue to invest in Chinese technology giants', reports The Wall Street Journal. This article is exclusive to Biznews Premium. Members please login...
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Jack Ma is back after a conspicuous absence – With insights from The Wall...
Billionaire Jack Ma waved a red flag in the faces of financial regulators when he likened China’s financial markets to pawn shops during a speech he gave in Shanghai on October 24 2020. Ma criticised...
View ArticleNaspers gets another booster – With insights from The Wall Street Journal
The Hong Kong stock market 'is at a 20-month high, and trading volumes have hit records thanks to mainland investors', says The Wall Street Journal. This article is exclusive to Biznews Premium....
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