Alec Hogg: Caster Semenya blocking study “corrected”

Two weeks ago I received a sharp email from a MultiChoice executive who accused Piet Viljoen of being "sensationalist and incorrect" in an article we published. The exec added he had "seldom seen positives" on BizNews about Naspers/Prosus. Unfortunately, the angry gent is about to receive more grist for his mill.

In our weekly discussion yesterday (click here), the deeply rational money manager warned there is still massive risk in owning Tencent, the company upon which Naspers/Prosus' share price is based. Viljoen recently bought a small position in Tencent on the view that the market has discounted the bad news. I'm not so sure.

As you'll read in the piece below from our partners at the London Financial Times, Chinese tech companies received another body blow this morning when Beijing's announced it has passed one of the world's strictest data privacy laws. China's official state news agency says the sweeping law, the country's first on national privacy and aimed at curbing data collection by tech companies, will take effect on November 1.

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