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Media & Telecoms

Bob van Dijk, CEO of e-commerce group Naspers, gestures during a media...

Breakingviews - Naspers can tackle one-third of Tencent problem

Naspers’ Tencent problem is as big as ever. The $100 billion South African company has long traded at a hefty discount to the value of its 31% stake in the Chinese internet giant, which is currently worth around $239 billion. The three basic causes remain the same: Naspers’ inability to easily sell the shares, its reluctance to do so, and its outsized weighting on the Johannesburg Stock Exchange. The last one looks the easiest to fix.

Tanzania's new President Samia Suluhu Hassan is seen after taking oath of...

Team player Hassan succeeds Tanzania's blunt-spoken Magufuli

Tanzania's first woman president, the calm, measured Samia Suluhu Hassan, brings a striking change of leadership style as successor to John Magufuli, a brash populist who drew global attention by playing down the threat of the COVID-19 pandemic.

Tegna's shareholder Standard General calls for investigation into 'racially insensitive' incident

Tegna Inc shareholder Standard General LP has called for an investigation into a "racially insensitive" incident involving Chief Executive Dave Lougee and a Black executive, who this year became a candidate for the broadcast company's board. Lougee last week apologized for having mistaken the executive, Adonis Hoffman, for a hotel car valet in 2014, after Hoffman withdrew his candidacy, citing conflict of interest and the incident involving Tegna's CEO.

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