Daily Maverick picks up the water story, outlining the challenges facing Johannesburg and the urgent need for action. The private sector can make a significant contribution, via Public-Private Partnerships, such as Mergence Investment Managers has done with SA Water Works, successfully managing the only two private water concessions in South Africa. Kasief Isaacs, Head: Private Markets, and Chito Siame, Investment Principal, at Mergence are quoted on how the PPP model could be replicated and the need to learn lessons from other geographies which are also facing water challenges.
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