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Sub-Saharan Africa M&A Banking Fees Drop By 15% In 2020

Staff Writer - 0
Top Sub-Saharan African banks suffered a 15% drop in fees from advising on mergers and acquisitions (M&A) in 2020 as a fall in overall...
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Media24 To Buy Out Welkom Yizani Investors and Delist The Empowerment Scheme

Gugu Lourie - 1
Media group Media24 announced on Thursday plans to buy out all shareholders of Welkom Yizani, its black economic empowerment share scheme.  The media group is...
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Prosus’ PayU Spend R15.8 Billion in FinTech Acquisition Trail

Gugu Lourie - 0
PayU, the payments and FinTech business of Prosus, has invested a staggering $1 billion (R15.8 billion) on FinTech and mergers & acquisitions (M&A) globally...
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Bob van Dijk has R65 Billion in Cash. The Boss of Prosus is Hunting for Buys

Gugu Lourie - 0
There is no doubt that Bob van Dijk, the CEO of Prosus, wants to make a big acquisition. The Dutch arm of South African...
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SA’s Largest Online Retailer Takealot.com Revenues Defy Pandemic

Gugu Lourie - 0
South Africa’s largest online retailer, Takealot.com, reported on Monday a 41% jump in revenue to $238 million (R3.7 billion) in the six-months to end 30...
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Naspers Takes A R45 million Bet On Local Online Learning Platform

Gugu Lourie - 0
Naspers announced today that it has invested R45 million in The Student Hub, a local online learning platform. The Student Hub increases access to vocational...
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Naspers-Owned Prosus Announces R82 Billion Share BuyBack Plan

Gugu Lourie - 0
The Dutch arm of South African internet titan Naspers, Prosus announced on Friday plans to acquire up to $5 billion (R82 billion) in total of...
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Prosus Ventures Makes its First Investment in Mexico

Staff Writer - 0
Prosus Ventures has announced its first investment in Mexico, leading a $15 million (R246 million) Series A funding round in Klar, a challenger bank in...
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