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Naspers Limited ("Naspers") (JSE: NPN): Shareholders are referred to the public statements made by Naspers and Prosus N.V. ( Prosus , and together with their subsidiaries and affiliates, the Group ) on 24 March 2022 and 20 May 2022, and in the Naspers results announcement for th...
Naspers Limited (Naspers) (JSE: NPN) The 108 th annual general meeting (AGM) of Naspers Limited was held through electronic communication today. Shareholders are advised that all resolutions set out in the notice of the AGM were passed by the requisite majority of shareholders r...
Naspers Limited ("Naspers") (JSE: NPN): Prosus N.V. (Prosus) (Euronext Amsterdam: PRX; JSE: PRX), which is majority owned by Naspers, and a global consumer internet group and one of the largest technology investors in the world, today announced it has entered into an agreement to acquir...
Prosus (Euronext Amsterdam: PRX; JSE: PRX), a global consumer internet group and one of the largest technology investors in the world, today announced it has entered into an agreement to acquire the remaining 33.3% stake in iFood, from minority shareholder Just Eat Holding Limited f...
Naspers Limited (JSE: NPN) (LSE:NPSN) announced strong revenue growth with profitability in core operations for the year ending 31 March 2022. Building on the prior year’s standout performance, the Group’s ecommerce portfolio delivered revenue growth of 49% 1 to US...
Naspers Limited (" Naspers ") (JSE: NPN; LSE: NPSN) shareholders are advised that on 23 December 2021, the board of directors of Tencent Holdings Limited ( Tencent ), declared a special interim dividend in the form of a distribution in specie of Class A ordinary shares (the JD...
Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...
Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...
Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...
Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...
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Please note: Group results are shown on a consolidated basis from continuing operations, which reflect all majority owned and managed businesses. All OLX Autos business units are classified as discontinued operations, in line with IFRS disclosures. All growth percentages shown here are in local c...
Naspers Limited (JSE: NPN) and Prosus (AEX and JSE Share Code: PRX) announced today that Bob van Dijk is stepping down as CEO and Board member of Naspers and Prosus after 10 successful years of leadership. Ervin Tu, presently Group Chief Investment Officer, was appointed Interim CEO. Bob will a...
Naspers Limited ( Naspers ) (JSE: NPN, LSE: NPSN) The 109 th annual general meeting ( AGM ) of the shareholders of Naspers was held through electronic communication today. Shareholders are advised that all resolutions set out in the notice of the AGM were passed by the requisite m...