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FFM podcast ep17: Chasing pack; Truworths standout; lagging resources;...
In the daring world of Fantasy Fund Manager, the powerhouses of profit aren’t where you’d expect. The resource sector is conspicuously absent from the top ten winners’ circle, leaving room for...
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FFM podcast ep18: Cracking the code; Bidcorp; Sibanye-Stillwater; T20 or...
Dive into the captivating world of fantasy fund management with the Fantasy Fund Manager podcast. In this 18th week of the game, host Stuart Lowman from BizNews is joined by David Bacher, Chief...
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SoftBank alumnus replaces Van Dijk (51) today as Naspers/Prosus CEO leaves...
By Alec Hogg Former managing partner at the SoftBank Group with intimate involvement in its Vision Fund, Ervin Tu, has taken the reins at South Africa’s most important company, Naspers/Prosus. The...
View ArticlePiet Viljoen cheers the end of suddenly departed Naspers CEO, Bob “40% value...
Veteran money manager Piet Viljoen is shedding no tears for how Naspers/Prosus dispatched Bob van Dijk, its CEO of the past decade, who left immediately on Monday morning. Viljoen says he and Van Dijk...
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FFM podcast ep21: Hawks, doves or uncertainty; Tencent doused Bob-less...
Central banks are meeting worldwide; the United States kept interest rates on hold, while the United Kingdom raised them by 25 basis points. Governor Lesetja Kganyago kept rates steady in South Africa...
View ArticleUNDICTATED: Meet FirstRand’s new CEO, the quiet iconoclast Mary Vilakazi
When GT Ferreira, Laurie Dippenaar, and Paul Harris founded the FirstRand group in 1998, they were determined to disrupt South Africa’s then-stagnant banking industry. Now worth R350bn, their venture...
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Unlocking Naspers’ potential: Lessons from Steve Jobs’ turnaround at Apple –...
In the wake of recent leadership changes, Naspers faces a crucial juncture in its corporate journey. Can the company learn from the late Steve Jobs’ transformative strategies? Jobs, when he returned...
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FFM podcast finale: Winners, Losers and Lessons. Truworths, Textainer stand...
In the dynamic world of fantasy fund management, where the thrills of the trading floor meet the strategic battlefields of a game board, a remarkable journey has come to a close. After 27 intense...
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Naspers accelerates profitability target and delivers on objectives
*This content is supplied by Naspers Naspers is successfully delivering on its commitments. The fundamentals of its operating businesses are improving, driving proftable growth. The ongoing...
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Share market’s gangbuster performance in November – Bacher unpacks why
After enduring three challenging months, investment markets experienced a robust rebound in November, marked by double-digit increases in global equities. In this month’s comprehensive recap, Corion’s...
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🔒 Prosus shares tumble on Tencent plunge after China cracks down on gaming
In a surprising move, China has introduced stringent measures targeting online gaming, erasing approximately $54 billion in Tencent Holdings Ltd.’s value. The draft rules, disclosed by Beijing’s...
View ArticleNaspers pumps investment into Takealot ahead of Amazon arrival in South Africa
By Loni Prinsloo, Jennifer Zabasajja and Janice Kew Naspers Ltd., Africa’s largest company by market value, is boosting investment into its South African online retailer ahead of Amazon.com Inc.’s...
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🔒 FT – Naspers/Prosus alert: Are Chinese stocks a value trade or a value trap?
Amidst a backdrop of skepticism and market turmoil, Chinese stocks teeter on the edge of opportunity or peril. Brimming with untapped value, these equities present a tantalising prospect for astute...
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Tencent surges on early release announcement of Nexon’s Dungeon & Fighter...
Tencent Holdings Ltd. saw its shares surge, marking its largest rally since December, as it announced the earlier-than-expected debut of Nexon Co.’s Dungeon & Fighter Mobile game in China on May...
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Amazon launches its online shopping service in South Africa
Amazon launched its online shopping platform in South Africa, entering a market largely dominated by Takealot.com. The move comes amid a surge in e-commerce following the pandemic. Offering same-day...
View ArticleTech giants Tencent and Alibaba rebound after shaking off regulatory restraints
Tencent and Alibaba showcased a recovery amid eased regulatory pressure in China, bolstered by government support for overseas listings. Hon Hai’s challenges persist with a Q1 revenue slump, while...
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Naspers taps Brazilian super-entrepreneur to become new CEO
Prosus and Naspers have appointed Fabricio Bloisi as CEO, effective July 1, 2024. Bloisi, former CEO of iFood, brings a strong track record in scaling tech companies. Current Interim CEO, Ervin Tu,...
View Article🔒 Meet Fabricio Bloisi: The new Prosus and Naspers CEO
Dutch tech investor Prosus and its South African parent Naspers have appointed Fabricio Bloisi, head of iFood, as CEO. Bloisi, a Brazilian entrepreneur with a Computer Science degree from UNICAMP and...
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Naspers delivers e-commerce profitability, 18% revenue growth and $836m free...
*This content is brought to you by Naspers It has been a standout year for the Group. Naspers simplified its Group structure, delivered improvements across all core performance metrics and achieved...
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🔒 Naspers’s Tencent’s DnF Mobile tops China’s game charts
Naspers’s Tencent Holdings Ltd.’s Dungeon & Fighter Mobile retains its top spot as China’s highest-grossing game despite Mihoyo Co.’s Zenless Zone Zero launch. On July 4, ZZZ earned $3.4 million...
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