The former Johannesburg mayor has 18 months to build a movement and a team to compete in the 2021 municipal elections, writes Adriaan Basson.
More sun than clouds. Mild.
Naspers CFO Basil Sgourdos told Fin24 that the internet giant appreciated the 'resounding vote of confidence' from shareholders as an exciting development in the company's history.
Naspers is focusing on expanding in the food delivery space, and the internet and media group is also still bullish about its growth prospects through its stake in Chinese tech giant Tencent, says CFO Basil Sgourdos.
Naspers had scheduled the Prosus listing for July 17. It now plans to list in September, following a shareholders meeting in mid-August.
Naspers announced on Friday that its core headline earnings grew by 72% to R33.6bn as the company released its financial results for the year to 31 March 2018.
Cape Town Southern SuburbsHomeChoice
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R 15 500 000
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R 6 100 000
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