Naspers in firing line for online dominance in South Africa

The Competition Commission will conduct a market inquiry into South Africa’s ecommerce industry, and Naspers is front and centre in this investigation. Naspers was founded in 1915 as a publisher and printer of newspapers and magazines, but after listing on the JSE in...

South African stocks slide in seesaw start to the week

By Adelaide Changole (Bloomberg) – South Africa’s main stocks index declined 1% by 9:53am in Johannesburg, the biggest intraday decline in 2021, after a slump in Tencent Holdings Ltd. in Hong Kong pulled benchmark giant Naspers and its subsidiary, Prosus NV,...

Taking stock: JSE reaches record high; Naspers; Rebosis; Sasol

The week that was… It’s been a phenomenal week for JSE investors with the All Share Index up over 5% for the week, meaning that it’s already outperformed 2020’s 4.1% annual return. The week’s gains have been led by the commodity counters, which have benefited from...

The top 5 South African startup sector developments of 2020

Though other ecosystems have caught up in recent years, South Africa remains one of the most developed markets when it comes to tech, startups, and investment. It was a year of highs and lows for the country, especially given the COVID-19 pandemic, but the ecosystem...