Tag: prosus

Why this analyst is picking these JSE stocks to weather the COVID-19 storm

Stephen Meintjes, Head of Research at Momentum Securities says that his top stock picks amid the Covid-19 crisis is Naspers and Prosus, exception stocks such as Afrimat and Raubex and the Telco’s sector big players Vodacom and MTN as there was an increase in demand for online and data consumption during lockdown.

World Economic Forum: Bob van Dijk: Why we are excited about India, recyclables

The booming Chinese tech industry gives opportunities for big gains from that marketplace. CNBC International spoke to one of the Chinese big tech players, Group CEO of Naspers and Prosus, Bob van Dijk, about how he looks at Chinese tech industry.

How this fund manager is looking at the Prosus listing

It’s the biggest stock news of the day as internet group Prosus lists on Amsterdam’s Euronext. Meryl Pick, Fund Manager at Old Mutual Investment Group weighs in on how we should be looking at this new listing as well as other opportunities in the market.

Prosus debuts on Euronext, JSE

South African e-commerce group Naspers listed its international internet assets, Prosus on the Euronext exchange in Amsterdam and on the JSE today. Thato Matsafu, Head of Primary Markets at the JSE joins CNBC Africa for more.

The tax, discount implications of Naspers shareholders taking up their Prosus shares

It's decision time for Naspers shareholders. They are required to make a choice between taking up shares in Prosus, the new European-listed business that will hold Naspers’ non-SA investments, including its stake in Tencent, or taking up additional Naspers shares. Should you elect Prosus shares, which is the outcome if you take no action, you will likely trigger a capital gains tax liability. For example if you own 500 shares you will likely trigger a CGT liability of around R83 033. So what should you do? Henry Biddlecombe, Portfolio Manager at Anchor Capital South Africa joins CNBC Africa for more.
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