This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Prosus unlocks the $140bn Tencent treasure chest - better late than never

Loading player...

After years of attempting a range of alternatives, Naspers/Prosus has found the key to unlocking the massive discount at which it shares trade. At a telecon today, CEO Bob van Dijk unpacked a fresh strategy that unlocks the group’s previously frozen asset, its 31% holding in Chinese group TenCent. The market celebrated the news, pushing Naspers and Prosus shares up 15%. Learn more about your ad choices. Visit megaphone.fm/adchoices

27 Jun 2022 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak | GHL reflects on LGEs, WSM on Pappas' Howick, ActionSA's Trollip, Ian Cameron

A week after the vote, the arguments had moved from the ballot box to the bargaining table. DA leader Geordin Hill-Lewis told Alec Hogg which results caught even his own party off guard, and who he said was now voting DA. ActionSA's Athol Trollip explained why his party wouldn't simply…

11 Nov 10PM 18 min

BN Edge | GHL: coalitions, Cape Town and the DA's road to 2029 — or earlier

A week after his first election as DA leader, Geordin Hill-Lewis had a queue of rivals telling him what to do. Herman Mashaba wanted Helen Zille out of the picture, Corné Mulder warned against any deal with the ANC, and Julius Malema's lawyers were threatening Zille with court. Speaking to…

11 Nov 10AM 32 min

BN Edge | Corporate cash, coalition pressure: WSM on who calls the shots

Seven of eight metros hung, the ANC on under a third of the vote, and less than a fortnight to form governments. William Saunderson-Meyer told Alec Hogg that Cyril Ramaphosa had finally run out of road to kick the can down, and that his choice between the ANC's heart and…

11 Nov 7AM 33 min

BN Edge | ActionSA's Trollip says it's up to the DA to break coalition standoff

Athol Trollip knows how coalitions end: one made him mayor of Nelson Mandela Bay, another removed him. Speaking to Alec Hogg after ActionSA took dozens of former ANC wards in Gauteng, the party's parliamentary leader argued that the next move belonged to the DA, not ActionSA, and explained why a…

11 Nov 7AM 48 min

Ian Cameron: 1.8 million citizens abandoned on “stone-age lines of hope”

In his latest interview with Chris Steyn, Ian Cameron, Chair of Parliament's Portfolio Committee on Police, reveals the answer he received from Acting Police Minister Firoz Cachalia on the number of abandoned 10111 calls: almost 1.8 million during the 2025-26 financial year. “That's about 5,000 calls per day. I mean…

11 Nov 4AM 19 min

All episodes