Page 33 - Naspers Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

South African Stocks Slide as China Tech Probe Weighs on Naspers Lukas Strobl, Bloomberg News A Naspers Ltd. logo is displayed on a large electronic screen during the company's extraordinary general meeting in Cape Town, South Africa on Friday, Aug. 23, 2019. Africa’s largest company by market value is creating a new entity called Prosus NV to hold assets including a 31% stake in Chinese internet giant Tencent Holdings Ltd. that’s worth about $125 billion. Photographer: Dwayne Senior/Bloomberg , Bloomberg (Bloomberg) -- South Afric...

Adelaide Changole Financial stock exchange market display screen board on the street South Africa’s main stock benchmark drops for a fourth day, falling 0.2% by 9:42 a.m. in Johannesburg, with weakness in index giant Naspers Ltd, and a downturn in miners countering a resurgence in banks and gains in heavyweight Richemont. Naspers, with an 18% weighting on the index, falls for a second day, down 0.5% to provide the biggest drag to the index, as partly owned Tencent Holdings Ltd retreats in Hong Kong. BHP Group Ltd. (-0.7%) leads 0.4% drop in the in...

Provided by Dow Jones By Alexandra Wexler On stage in a marine park stadium, a director yells "Action!" and the cameras roll as a young woman in a turquoise wetsuit starts to dance and a sea lion leaps from a cobalt-blue tank and twirls in front of her. It is one of the final scenes being filmed for "JIVA!," a Netflix Inc. original series about a talented dancer who realizes her moves could be her ticket out of a working-class neighborhood in coastal Durban, South Africa. It is one of a raft of new series the global streaming giant hopes will score millions of n...

South African Stocks Drop From Early 2018 High as Naspers Slips John Viljoen, Bloomberg News (Bloomberg) -- South Africa’s main stock index fell 0.5% as of 9:46 a.m. in Johannesburg, retreating from the highest close since January 2018, as fresh U.S.-China tensions and protracted wrangling over a stimulus package in Washington weighed on sentiment toward riskier assets. The benchmark gauge remains on track to advance for the third week in four after climbing beyond the 60,000 point level for the first time since August 2018 on Thursday. The U.S. is preparing to blacklist Semiconductor M...

(Bloomberg) -- Jumia Technologies AG is looking beyond an immediate target of generating a profit from its pioneering African e-commerce business, laying out longer-term plans to spin off divisions and enter new countries.