The world is changing fast and to keep up you need local knowledge with global context.
These days, we’re all worrying about our privacy – fearful of snoopy companies like Facebook and Google. And then, of course, there are hackers and data breaches. We are anxious about losing our credit card numbers, our ID numbers, and our money to online rogues. But that’s not where our problems end.
Naspers poses a conundrum for South African investors. A wildly successful investor, Naspers’ underlying asset value far exceeds its market cap. Yet even trading at a 40% discount to the value of just its largest investment, Tencent, Naspers is still by far one of the biggest company on the JSE by market cap.