A good week for Bob van Dijk

, unlike others we could mention, knows what’s good for business: get out of Russia. Since the invasion of Ukraine, the CEO of Prosus has been looking to quit the invader’s neighbourhood. This week he found Kismet Capital Group, a bunch of Russian privateers, who, like Prosus, have interests in technology. Van Dijk offloaded his group’s Russian classified ads website, Avito , to Kismet for about R45bn, which means Prosus came away fairly unscathed.

Dudu Myeni and businessman Louis Liebenberg at the Pietermaritzburg high court. Picture: SANDILE NDLOVU. It neatly describes why he gave R500,000 to let Jacob Zuma pursue a private prosecution against two people who were just doing their jobs. Liebenberg also delivered two head of cattle recently to the Nkandla kraal. Now it emerges that Zuma’s latest benefactor is just an old SA racist who dropped the K-bomb all over a speech.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

So long, Vlad: Prosus’s Russian fire saleVladimir’s war machine may be raging along, but at least Prosus shareholders can sleep easy knowing that they’re getting out of Russia with something to show for it.
Source: FinancialMail - 🏆 20. / 63 Read more »

So long, Vlad: Prosus’s Russian fire saleRussia's Ukraine invasion has been a punishing affair for Russia-focused firms; now Prosus has managed to flog Avito, at a third of its pre-war valuation.
Source: FinancialMail - 🏆 20. / 63 Read more »

FINANCIAL TIMES AFRICA SUMMIT: ‘Electricity is a public good,’ says Minister Gordhan, defending state ownership of EskomEskom is necessary because providing electricity is a public good and the state should be involved in the provision of public goods, says Public Enterprises Minister Pravin Gordhan. It's a pity then that they're so publicly bad at delivering this public good... Really…..It took Government since 1994 to know what citizens know since primary school 😳? Daily Maverick, please interview all the historical CEO’s of Eskom Enterprises (EE); established many years ago for the Eskom ‘New Built’ - we may as well deal with all the bad news now. Air transportation is necessary because providing air transport is a public good and the state should be involved in the provision of public transport, should have said Public Enterprises Minister Pravin Gordhan
Source: dailymaverick - 🏆 3. / 84 Read more »

Calgro M3’s KZN exit due to construction mafia and other issuesThe disruption of the Bridge City project in KwaMashu in KwaZulu-Natal by the so-called construction mafia 18 months ago led to the closure of the site for six months and contributed to CalgroH M3’s decision to exit the province. Moneyweb BusinessNews
Source: Moneyweb - 🏆 5. / 77 Read more »