Naspers Ltd (NPNJn.J)
22 Mar 2019
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).
Jan 25 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:
STOCKHOLM/FRANKFURT/JOHANNESBURG South Africa's Naspers has taken full control of Russia's largest classified advertising platform Avito after it spent $1.16 billion to buy the 29.1 percent it did not already own, the media and e-commerce group said on Friday.
STOCKHOLM/FRANKFURT/JOHANNESBURG, Jan 25 South Africa's Naspers has taken full control of Russia's largest classified advertising platform Avito after it spent $1.16 billion to buy the 29.1 percent it did not already own, the media and e-commerce group said on Friday.
Jan 25 South African media and e-commerce firm Naspers is investing $1.16 billion in Avito to acquire a bigger stake in the Russian classified advertising platform, it said on Friday.