Market Watcher: Naspers steals the show

Gary Booysen of Rand Swiss looks at why the market reacted so positively to the news from Naspers and Prosus, banks being under pressure, and CA Sales listing on the JSE.

By Fifi Peters 27 Jun 2022 20:01

Read:
Naspers jumps nearly 23% on results and share buyback proposal
Prosus keeps growing revenue streams, surprises with new plan
Prosus to cut $134bn Tencent stake to fund buyback
Tencent leads China tech losses as major backer plans to cut its stake

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AUTHOR PROFILE

Fifi Peters is an award-winning financial journalist with a career spanning over 10 years, having worked for the likes of Business Day and Financial Mail. She currently hosts CNBC Africa’s flagship market shows Power Lunch and Closing Bell. Peters has a special interest in African financial markets. She is also a seasoned MC and moderator with brands such as Vodacom.