Peter Takaendesa, Head of Equities at Mergence Investment Managers, comments in Mail & Guardian on the matter. He notes that the jury is still out on whether Canal+ will get good value out of MultiChoice. Additionally, MultiChoice’s efforts to cut costs—such as streamlining content and reducing decoder subsidies—are akin to “running fast to remain in one spot.”
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