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Naspers investors want big deals, share buyback

8 Apr 2021 /  Promit Mukherjee, Reuters   2
After Tencent windfall.

Rebosis surges over 34% on news of possible rescue deal

8 Apr 2021 /  Suren Naidoo   4
Cautionary announcement fuels speculation that embattled property counter could be delisted and ‘taken private’.

Bob van Dijk’s big challenge

8 Apr 2021 /  Alex Webb   2
Convincing investors of his strategy for Prosus

Volaris Group makes all-cash bid for Adapt IT

8 Apr 2021 /  Duncan McLeod   
Canada’s Volaris Group offered shareholders R6.50/share in cash on Wednesday for the JSE-listed software services group.

Prosus shareholders are nervous

8 Apr 2021 /  Ann Crotty   15
Group has undertaken not to sell any more Tencent shares until March 2024.

Scopa gives Eskom 90 days to complete inquiry into CEO

8 Apr 2021 /  Thando Maeko   15
Has called off its own investigation into De Ruyter.

We’ve sharpened our focus: Old Mutual Investment Group MD

7 Apr 2021 /  Patrick Cairns, Citywire   24
Tebogo Naledi believes OMIG is now very well positioned to respond to client needs.

Prosus to sell 2% stake in Tencent worth $15bn

UPDATE
7 Apr 2021 /  Toby Sterling, Reuters   5
Naspers said the sale would lower its stake in Tencent to 28.9% from 30.9%.

NUM implicates Eskom in procurement corruption

7 Apr 2021 /  Thando Maeko   6
The union wants the SIU to investigate.

Terror attacks bring Mozambique gas projects to a halt

7 Apr 2021 /  Ciaran Ryan   31
Dozens of South African oil, gas and construction companies affected in what is a massive setback for the entire region.

Growthpoint’s healthcare fund tops R3.2bn with Cintocare Hospital acquisition

UPDATE
7 Apr 2021 /  Suren Naidoo  
Specialist facility in Tshwane is Africa’s first green-rated hospital.

Eskom in nasty contractual dispute with Oracle

6 Apr 2021 /  Duncan McLeod    12
Tech giant has claimed it is owed R7.3bn by the utility.

Power, principles and profit (or lack thereof)

6 Apr 2021 /  Ann Crotty    1
A look at Tencent, Naspers/Prosus and Delivery Hero, H&M, Barloworld, the CPS/Sassa/Net1 matter, and what lies behind the third global multi-billion dollar implosion in as many months.

Steinhoff’s no-news Sens statements

6 Apr 2021 /  Ann Crotty   17
It’s as though the board is trying to make up for its refusal to release the PwC forensic report into the group by dribbling out an equivalent 3 000 pages of 'announcements'.

Bell Equipment must seek a higher bid – an open letter from a shareholder

5 Apr 2021 /  Carson Mitchell   8
Minority shareholders are not happy.
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