Tag: Naspers

Prosus
Business

Koos Bekker-led Prosus investors challenge share structure and executive pay   

Prosus investors challenge voting rights and executive pay as shareholders question the company’s dual-class share structure.

Timilehin Adejumobi Timilehin Adejumobi
Gold Fields’ mining operation in South Africa.
BusinessHot News

Gold Fields overtakes Naspers as Africa’s most valuable company as market cap hits $43.3 billion

Gold Fields overtakes Naspers as Africa’s most valuable company after its market value rises to $43.3 billion on the JSE.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Naspers tops Gold Fields to regain Africa’s most valuable company title with $42 billion market cap

Naspers regained its position as Africa's most valuable listed company with a $42 billion market capitalization, overtaking Gold Fields.

Omokolade Ajayi Omokolade Ajayi
South African executive Phuthi Mahanyele-Dabengwa
Hot NewsBusiness

South African executive Phuthi Mahanyele-Dabengwa reveals $1.7 billion investment in France’s innovation ecosystem

Phuthi Mahanyele-Dabengwa reveals Prosus and Naspers invested $1.7 billion into French technology leaders, driving global growth.

Omokolade Ajayi Omokolade Ajayi
African tech unicorns
BusinessGlobal NewsHot NewsTechnology

Naspers, led by Koos Bekker, returned $46 billion through buybacks

Naspers returned $46 billion via buybacks, repurchasing over 22 million shares to boost value and narrow its Tencent discount.

Feyisayo Ajayi Feyisayo Ajayi
African tech unicorns
TechnologyHot News

Naspers, led by Koos Bekker, reports $10 billion in revenue for 2026

Naspers posts $10 billion revenue for 2026 as AI ecosystem growth drives profits, cash flow, and shareholder returns across global markets.

Feyisayo Ajayi Feyisayo Ajayi
Naspers launches free ToqanClaw AI for South African businesses
TechnologyBusiness

South African businesses get free AI assistant from Naspers

Naspers launches free ToqanClaw AI for South African businesses to build apps, automate tasks, and boost productivity.

Oluwatosin Alao Oluwatosin Alao
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyBusinessHot News

South African giant Naspers forecasts 28% earnings jump on e-commerce growth

Naspers expects up to 28 percent earnings growth as e-commerce strength and global internet investments boost profitability across key markets.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBillionairesBusiness

South African billionaire Koos Bekker gains $100m from Tencent AI rally, EU antitrust delay

Koos Bekker’s net worth jumps to $3.5 billion as a Tencent AI agent prototype and a European Commission antitrust delay send Naspers and Prosus shares higher.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBillionairesBusiness

EU antitrust pressure cuts South African billionaire Koos Bekker’s fortune by $100 million

Koos Bekker loses $100 million in net worth as Prosus battles EU antitrust demands over its Delivery Hero holding and portfolio reshaping.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBillionairesBusiness

South African billionaire Koos Bekker hit by $500 million loss in share slide

The drop follows a steady slide in the shares of Naspers and its Amsterdam-listed unit Prosus, two companies central to his fortune.

Omokolade Ajayi Omokolade Ajayi
Phuthi Mahanyele-Dabengwa, first Black chief executive of Naspers, South Africa.
Hot NewsBusiness

South African executive Phuthi Mahanyele-Dabengwa eyes $5 million moonshot award

Phuthi Mahanyele-Dabengwa could receive up to $5 million in Prosus and Naspers shares by 2029 under a long-term performance-linked incentive plan.

Omokolade Ajayi Omokolade Ajayi