In a wide-ranging discussion on the water crisis in South Africa, Mergence Head: Private Markets, Kasief Isaacs, chatted to Dawn Ridler from Classic Business FM. Kasief stressed the urgent need for action as the water crisis has the potential to be even more dire than the energy crisis. He described how public-private partnerships and regulatory changes are paving the way forward and outlined Mergence’s unique involvement and experience in water investment. Kasief also emphasised the need for continuity in government’s approach to the water situation post-elections.
Despite some market ‘overexcitement’ about AI, Naspers is bullish about making more bets
The latest Naspers/Prosus financial results show a jump in profitability across the group’s ecommerce portfolio and Tencent growth acceleration. Commenting