The bounce in Prosus’s share price on news of the sale of its Russian business suggests the market had significantly revised earlier estimates of Avito’s value.
The sale of Russia’s largest online marketplace was struck at 151bn roubles , about one-third of the $6bn that analysts had been ascribing to the business in late 2021...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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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 »
WAR IN EUROPE OP-ED: How Putin’s invasion of Ukraine could and should endAs Ukraine keeps pushing the Russians back on several fronts, Yale’s Timothy Snyder and King’s College’s Sir Lawrence Freedman are among those authors who have considered what Vladimir Putin’s recent moves mean for Russia and Ukraine, while Janne Korhonen of Finland’s Aalto University has provided insights into the likelihood and effect of Moscow employing nuclear weapons. These views, among others, help to shape thinking as to how this conflict could and should end.
Source: dailymaverick - 🏆 3. / 84 Read more »
Load shedding in Ukraine?: 1 100 towns left without powerLoad shedding in Ukraine?: 1 100 towns left without power More than 1 100 towns and villages across Ukraine are without power after 10 days of Russia strikes that have targeted energy facilities.
Source: TheSAnews - 🏆 25. / 59 Read more »
Mpumalanga Dept: Plight of SA students facing eviction in Russia addressedStudents studying at various institutions says they have not been paid their stipends by the department, leaving them destitute.
Source: ewnupdates - 🏆 30. / 53 Read more »
SA students in Russia facing eviction after dept allegedly fails to pay stipendsThe Mpumalanga students who are enrolled at 11 universities in Russia are facing expulsion and eviction as stipends, accommodation and tuition fees were allegedly not paid timeously by the provincial education department. Why is govt wasting taxpayers' money to pay for students overseas Our SA students had to purse thier studies in Ukraine because thier country decided to invate. They must all go home. StefanMaree1 Well, why don't they go on strike and burn a few buildings? Seems to work back home
Source: ewnupdates - 🏆 30. / 53 Read more »
Mpumalanga education says it sent R28m to Dirco to finance South African students in RussiaThe Mpumalanga department of education says it has transferred R28m to the department of international relations and co-operation to cover overdue tuition and accommodation fees for students from the province who are studying in Russia. Why are South African students going to Russia? What nonsense and waste of money, more corruption at play
Source: SowetanLIVE - 🏆 13. / 63 Read more »