Alec Hogg: Naspers loses interest in its loss-making legacy SA media asset
At noon today, we host Naspers Group CFO Basil Sgourdos in this week's Rational Radio webinar. To keep the numbers down we restrict the Monday webinar to Premium subscribers, which helps ensure our community members' questions get answered. Even so, as Naspers accounts for 21% of the JSE All Share index – and thus impacts all of SA's retirement savings – we're expecting a crowd, so please get your questions in early. Here's the link to register for the webinar: https://attendee.gotowebinar.com/register/6730147365502274830
I've no doubt the BizNews community and our in-studio experts David Shapiro and Adrian Saville will have plenty of questions around the Naspers share price's deep discount to the value of its 31% ownership of Tencent. But given my interests, it won't surprise you the question I'm most interested to ask is what the Amsterdam-based top team intend doing with the global group's now relatively small and loss-making legacy SA media assets.
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