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Why Naspers is backing Facebook’s cryptocurrency project

Naspers CEO Bob van Dijk believes cryptocurrencies could have a huge and positive impact on societies by allowing for frictionless and costless transfer of value between people, something that doesn’t exist...

MultiChoice looks to lay off more than 2k workers

Naspers’ pay-television business MultiChoice Group is planning to lay off more than 2 000 workers in South Africa in a shake-up of its customer care service, the company said on Friday. MultiChoice,...

Naspers Said to Eye Fintech Deals in $1 Billion India Push

Naspers Ltd. wants to spend about $1 billion in India this year as it scours the globe for investments that can replicate its blockbuster bet on China’s Tencent Holdings Ltd., a person familiar...

Now may be a good time to invest in Naspers

Naspers has lost more than a third of its value this year, but is offering significant value at these levels. This is according to Nick Crail, fund manager at Ashburton...

Takealot is well positioned to continue dominating in South Africa

Takealot is well positioned to continue growing its business, Naspers has stated in its integrated annual report for the year ended March 2018. “Takealot continues to grow its business in...

Naspers plans R2.5 bilion investment in online food-delivery company in India

Naspers is in talks to lead an investment of as much as 2.5 billion rand ($200 million) in India’s Swiggy to increase its stake in the online food-delivery company, according to...

MUST READ

We must protect SA’s groundwater

By Chetan Mistry, Strategy and Marketing Manager at Xylem Africa. THE borehole is a South African staple, accessing water from underground aquifers.  This is called groundwater,...

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