Naspers Ltd (NPNJn.J)
JOHANNESBURG Tencent shareholder Naspers plans to float a portion of its e-commerce ventures on Euronext in Amsterdam, a move South Africa's biggest company said on Monday will create a $140 billion European internet giant.
* IPO to create Europe's biggest internet company (Adds analyst and CFO comments)
JOHANNESBURG, March 25 South Africa's Naspers expects to float its e-commerce ventures on Euronext in Amsterdam in the second half of the year, its chief executive said on Monday.
JOHANNESBURG, March 25 South Africa's Naspers will float its e-commerce ventures on the Euronext stock exchange in Amsterdam, it said on Monday.
JOHANNESBURG, March 11 South Africa's rand firmed on Monday, helped by increasing demand for emerging market currencies amid a slew of disappointing economic data in developed markets and growth warnings from central banks.
SAO PAULO, March 8 Brazilian delivery app iFood is testing food delivery with drones as well as electric bikes and scooters, in an effort to expand its reach in the country and reduce costs.
JOHANNESBURG, March 7 South Africa's rand fell on Thursday, tracking the euro lower after the European Central Bank pushed back its forecast for an interest rate hike and offered banks more cheap loans, while at home state power utility Eskom got smaller tariff hikes than sought.
JOHANNESBURG, March 5 South Africa's rand firmed on Tuesday after data showing an economic recovery from a recession continued in the fourth quarter of last year, albeit at a slower rate.
JOHANNESBURG, March 4 South Africa's rand ended firmer on Monday, boosted by growing hopes of a trade deal between the United state and China, but trading was cautious ahead of crucial local and offshore data that could see the currency's slide resume.
JOHANNESBURG, Feb 27 Africa's biggest pay-TV group MultiChoice debuted on the Johannesburg Stock Exchange on Wednesday with shares opening at 95.50 rand, giving the company a market capitalisation of 42 billion rand ($3.03 billion).