Prosus: new management, same old problems to fix

by Speedinet | Sep 28, 2023 | Bob van Dijk, Ervin Tu, Investment, Naspers, News, Prosus, Sections

Prosus’s new interim CEO inherits a conundrum from his predecessor: how to bridge the yawning gap between the value of the company’s stock and its assets.

Interim Prosus CEO Ervin Tu promises discipline and stability

by Speedinet | Sep 19, 2023 | Bob van Dijk, Ervin Tu, Investment, Koos Bekker, Naspers, News, Prosus, Sections

Ervin Tu, newly appointed Naspers and Prosus interim CEO, has promised investors stability and investment discipline.

Bob van Dijk steps down as Naspers and Prosus CEO

by Speedinet | Sep 18, 2023 | Bob van Dijk, Ervin Tu, Koos Bekker, Naspers, News, Prosus, Sections, Talent and leadership

Bob van Dijk is stepping down as CEO of both Naspers and its European-listed spinoff Prosus with immediate effect.

Naspers, Prosus to unravel cross-shareholding structure

by Speedinet | Jun 27, 2023 | Bob van Dijk, Investment, Naspers, News, Prosus, Sections, Tencent

The removal of the cross-holding structure will let Naspers continue its share buyback programme.

Jobs axe to fall at Naspers

by Speedinet | Jan 25, 2023 | Bob van Dijk, Investment, Naspers, News, Prosus, Sections, Tencent

Prosus and its parent Naspers are planning to cut their corporate workforce by 30%, becoming the latest companies in global tech to announce layoffs.

Naspers CEO dumps R1.6 billion in shares during company’s aggressive stock buyback

by Speedinet | Sep 9, 2022 | Bob van Dijk, Counterpoint, Headline, Investing, Naspers, Piet Viljoen, Prosus, South African Reserve Bank (SARB)

Naspers CEO Bob van Dijk sold R1.6 billion in Naspers shares over the last two weeks while the company was on a buyback spree.