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Naspers
2:10
Wednesday

Naspers unit Prosus to sell 2% Tencent stake

The company intends to use the proceeds of the sale to increase its financial flexibility to invest in growth, plus for general corporate purposes.

3:30

Takealot makes organisational changes, reshuffles exec team

The local online retailer makes a number of organisational changes, with founder and CEO Kim Reid transitioning to the new role of group CEO.

3:30

Naspers sets sights on ‘exciting’ edutech sector in Africa, Asia

The global Internet titan says it has a gripping business case, and potential for the sector is compounded by Africa and Asia placing a premium on education.

4:20
Feb 1, 2021

Naspers SA CEO tips digital economy to fuel restart of economy

Africa’s digital transformation has the capacity to unlock the continent's potential, says Naspers SA CEO Phuthi Mahanyele-Dabengwa.

10:10
Feb 1, 2021

Google gets fit

The Internet giant has completed its $2.1 billion acquisition of wearable device maker Fitbit.

1:20
Jan 20, 2021

Naspers leads R253m funding in agritech start-up Aerobotics

The Series B investment will further technology development and product delivery in the US and Aerobotics’s other core territories.

11:20
Dec 15, 2020

2020 in review

Despite the COVID-19 pandemic, the technology industry continued to thrive, with worldwide growth of 4% predicted for 2021.

2:00
Dec 10, 2020

Fintech group Capital Appreciation opts for A2X listing

The South African fintech group gets approval for a secondary listing on A2X Markets next week. 

11:30
Nov 30, 2020

China suspends Ant Group listing

Ant Group’s planned $37 billion initial public offering in China and Hong Kong was suspended with just days to go.

4:20
Nov 24, 2020

Legislation blocks start-up investments, says Naspers SA CEO

Investments in SA’s tech start-up ecosystem remains nascent due to regulations that are not conducive to international funding, says Phuti Mahanyele-Dabengwa.

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.

5:00
Nov 19, 2020

Telkom, Google, DiData, Teraco pledge billions at investment conference

The tech and telecoms firms were among the 50 companies that committed R109.6 billion in pledges towards supporting South Africa’s ICT sector.