Naspers Limited

South African investment company Naspers Ltd. said on Monday it holds a 74% stake in Prosus <PRX.AS>, the Dutch holding firm it has spun off to run its global consumer internet investments, including a 31% stake in China's Tencent <0700.HK>.

South Africa's rand weakened on Wednesday after data showing business confidence in the country has collapsed, undermining a push by President Cyril Ramaphosa to kick-start growth after a decade of stagnation.

* South Africa's Naspers to retain 75% stake, control (Updates to add Naspers share movement)

Shares in South Africa's e-commerce giant Naspers tumbled more than 30% on Wednesday following the market debut of its spin-off Prosus in Amsterdam.

Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their market debut in Amsterdam on Wednesday.

South African e-commerce group Naspers <NPNJn.J> is listing its international internet assets, including its 31% stake in China's Tencent <0700.HK>, in Amsterdam on Wednesday under the name of Prosus.

South African e-commerce group Naspers <NPNJn.J> is listing its global empire of consumer internet assets under the name of Prosus <PRX.AS> on Wednesday - and the jewel in the crown is a 31% stake in Chinese tech titan Tencent <0700.HK>.

Indicative pricing in the stock market floatation of Prosus, which is being spun out of South African company Naspers, was 58.70 euros per share, according to a Euronext statement on Tuesday.

South African e-commerce group Naspers is listing its global empire of consumer internet assets under the name of Prosus on Wednesday - and the jewel in the crown is a 31% stake in Chinese tech titan Tencent.

Prosus, the technology holding firm being carved out of South Africa's Naspers Ltd <NPNJn.J>, registered a 31% rise in second quarter profit to $1.40 billion, thanks to its stake in China's Tencent <0700.HK>, its prospectus showed on Monday.

E-commerce giant Naspers said on Friday it had received shareholders' approval to list its newly created Prosus subsidiary on Euronext Amsterdam.

South African e-commerce giant Naspers said on Friday the delayed multi-billion euro listing of its international internet assets, including its over 30% stake in China's Tencent, will go ahead on Sept. 11.

South African e-commerce giant Naspers said on Friday the delayed multi-billion euro listing of its international internet assets, including its over 30% stake in China's Tencent, will go ahead on Sept. 11.

European startup Dott has secured 30 million euros ($34 million) in a fundraising led by existing investors EQT and South Africa's Naspers to launch an electric bike hiring business and roll out new generations of its electric scooters.

Naspers on Wednesday appointed Phuthi Mahanyele-Dabengwa to the newly-created role of chief executive of South Africa for the media and e-commerce group.

Naspers has appointed Phuthi Mahanyele-Dabengwa to the newly created role of chief executive officer of South Africa, the media and e-commerce firm said on Wednesday.

(Corrects June 21 story to remove Naspers reference from headline and lead as Naspers no longer owns MultiChoice)

South Africa's Naspers has been forced to delay the multi-billion euro flotation of its international internet assets, including its lucrative stake in China's Tencent, after an admin error by a third party involved in the float.

South African media and e-commerce giant Naspers on Friday reported a 25% rise in annual core headline earnings, thanks to reduced losses at its e-commerce business.