Naspers Now Worth Over ZAR 1 Trillion

Published: June 6, 2016, 6:24 a.m.

b'If there were a race to being Africa\\u2019s largest media and internet company, out of fairness to other firms in the running, Naspers would probably be asked not to enter.\\n\\nAfter seeing its share price rise to an all-time high on the Johannesburg Stock Exchange last week\\u2014 reaching R2,320.73 per share, pushing its market value to R1,02\\xa0trillion (\\xb1$6,7 billion), it\\u2019s now a matter of \\u201ccatch me if you can\\u201d as far as any of the firm\\u2019s competitors closing in on them.\\n\\nIn this week\\u2019s African Tech Round-up, Andile Masuku shares some of the reasons why Naspers stock is such a hot ticket at the moment, and dishes on the firm\\u2019s latest high-profile investment in a popular American e-learning platform.\\n\\nAndile also catches up with the Founder of Venture Capital For Africa (VC4A), Ben White. Ben\\u2019s organisation has recently published a report called the 2016 Venture Finance in Africa which highlights growing investor appetite in African early stage startups. Listen in to hear him unpack some of their findings, and give Andile a sense of the current state of play on Africa\\u2019s VC scene.'