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Naspers rejig only nibbles at Tencent discount

Naspers’ latest attempt to tackle its Tencent discount is only a tiny step in the right direction. The South African tech group has sold 1.5 billion euros of its shares in Prosus, the Amsterdam-listed spinoff…

Rand rises as demand for riskier assets picks…

South Africa’s rand firmed more than 1% on Wednesday, helped by a recovery in demand for riskier assets, while Dutch-based technology group Prosus led stocks lower. At 1542 GMT, the rand traded at 14.3310 versus…