Naspers and Sanlam Private Equity (SPE) have invested in fintech firms recently, with Naspers Foundry investing R40 million in financial advice platform LifeCheq and SPE acquiring a controlling interest in payment solutions provider Q Link Holdings for an undisclosed amount. In a statement, Naspers said the investment was part of its R1.4 billion commitment to […]
It’s not surprising that South African investors are concerned about the Communist Party of China’s clampdown on vast swathes of the economy. Thanks to Naspers’s and Prosus’s investments in Tencent, about one-fifth of the JSE’s market capitalisation is in Chinese tech, and it is estimated that an additional one-third of the local market’s capitalisation has […]
In the world that I grew up in, there was a constant tussle between Russia and the USA to be recognised (feared?) as the biggest, or strongest, or whatever. Later, new kids on the block started flexing their muscles, with China and North Korea using different tactics to try and knock the crown of the […]
In a recent media statement by the Actuarial Society, they unpack the unbundling of Naspers shares as well as what it means for benchmarks as well as investors. According to Kyle Hulett, a member of the Investments Committee of the Actuarial Society of South Africa (ASSA) and Head of Asset Allocation at Sygnia, this unbundling […]
