Investing

March 15, 2023

Naspers $77m Foundry Fund Shuts Down: South Africa's Largest Investment Venture

Naspers, the media and internet powerhouse in South Africa, which has a market valuation of $71.3 billion, has closed its Foundry investment fund, which had a value of R1.4 billion (about $77 million)...

Stock Spinoff

December 04, 2019

Naspers to spinoff Prosus

Naspers (JSE: NPN and LSE: NPSN, South African consumer internet conglomerate, has already spun-off its sizeable investment Prosus (AEX: PRX and JSE: PRX). Prosus is a global con...