Elon Musk is about to get $32bn richer – With insights from The Wall Street...
Elon Musk "can claim half of stock award after Tesla’s stock gains and financial performance hit targets", says The Wall Street Journal. This article is exclusive to Biznews Premium. Members please...
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Jean Pierre Verster gesels oor sy beleggingsproses en die geskiedenis van...
Soos baie van julle weet, is Jean Pierre Verster een van die mees bekende en beste fondsbestuurders in Suid Afrika. Enige iemand met ń belangstelling in aandele kan iets van waarde by hom leer....
View ArticleNaspers/Prosus desperation to unlock value gathers steam
Europe’s largest internet company, has announced a share exchange offer to Naspers shareholders. This entails SA-domiciled Naspers shareholders being invited to tender “existing Naspers N Ordinary...
View ArticleOperation Value Unlock continues for SA’s biggest stock – why it’s a “no...
It’s been a year and a half since Naspers, the JSE’s dominant listing, re-engineered the business by floating its new European subsidiary Prosus on the Amsterdam Stock Exchange. According to CEO Bob...
View ArticleFlash Briefing: Covid-19 turbocharges SA e-commerce; Most SAs want Covid jab...
Listen on iTunes The total growth for online retail in South Africa in 2020 came to 66%, bringing the total to R30.2bn, reports MyBroadband.co.za. This was one of the findings of Online Retail in...
View ArticlePiet Viljoen on Ascendis, Transaction Capital and his own portfolio
Piet Viljoen, fund manager of the Counterpoint Value Fund, joined the BizNews Power Hour as co-host. Viljoen, who has both Ascendis and Transaction Capital in his portfolio, weighed in on the recent...
View ArticleFlash Briefing: Ace joins Zuma as former president delays trial AGAIN;...
Listen on iTunes The corruption case against former South African President Jacob Zuma in connection with a $2 billion arms deal has been delayed yet again. His defence lawyer said Zuma would plead...
View ArticleNaspers share swap FAQs
Prosus media statement: Proposed transaction creates value for both Naspers and Prosus shareholders Positions Naspers and Prosus for sustainable success on JSE & AEX Naspers remains domiciled in...
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Naspers, Prosus shares rise 3% after Tencent gains 25% in quarterly revenue
By Zheping Huang (Bloomberg) – Tencent pledged to sharply increase investments this year after posting a 25% gain in quarterly revenue, aiming to fend off ByteDance and sustain its pandemic-era boom in...
View ArticleAlec Hogg: Tencent hits it out the park
Good news at last for recently embattled Naspers shareholders. Tencent, in which Naspers/Prosus owns 31%, published stellar financial results yesterday. This article is exclusive to Biznews Premium....
View ArticleThe Naspers discount and what needs to happen – Arnie Witkin
In this thought-provoking piece, BizNews community member Arnie Witkin gives commentary on Naspers. The Cape Town based multinational is, as he writes, the most successful company ever to be listed on...
View ArticleAlec Hogg: Prosus makes big move to silence critics
"Prosus $1.8bn acquisition of 100m-a-month-visitor edutech business Stack Overflow may quieten the shrill voices", says Alec Hogg. This article is exclusive to Biznews Premium. Members please login...
View ArticleLife Healthcare jumps on Biogen’s Alzheimer’s drug approval
By Adelaide Changole (Bloomberg) – South Africa’s main equities gauge advanced 0.1% by 9:45 am in Johannesburg as Life Healthcare soared after the US Food and Drugs Administration approved Biogen’s...
View ArticleAlec Hogg: Beijing’s crackdown hits Chinese tech stocks
"Beijing’s crackdown on tech companies is starting to really impact Chinese stocks - led by Tencent," reports The Wall Street Journal. This article is exclusive to Biznews Premium. Members please...
View ArticleNaspers at crossroads as 36 activist investors question share swap,...
A number of South Africa’s top asset managers have teamed together against the complex shareholding structure and lack of management alignment in South Africa’s two largest businesses – Naspers and...
View ArticleFlash Briefing: SA sells majority stake in SAA; Naspers, Prosus under scrutiny
South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a...
View ArticleAlec Hogg: Pressure builds on Naspers CEO
"36 asset managers led by SA’s PIC have delivered a strongly worded statement to Naspers chairman Koos Bekker urging action against Bob van Dijk." This article is exclusive to Biznews Premium. Members...
View ArticleSteven Nathan on Naspers management and Alexander Forbes’ sale of its life...
Naspers came to a crossroads last week as 36 activist investors teamed together against the complex shareholding structure and lack of management alignment in Naspers and Prosus – South Africa’s two...
View ArticleShareholders really don’t have a say – Delphine Govender on Naspers
A number of South Africa’s top asset managers recently teamed together against the complex shareholding structure and lack of management alignment in South Africa’s two largest businesses – Naspers and...
View ArticleAlec Hogg: China’s strong-arming is bad news for Naspers
"Naspers/Prosus owns 31% of HK-based Tencent - a stake worth almost 150% of their market caps," writes BizNews founder Alec Hogg. This article is exclusive to Biznews Premium. Members please login...
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