Naspers CEO Bob Van Dijk Accused Of Blowing Roughly $25.6 Billion Of Shareholder Value
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Naspers' most recent financial results seem to validate the notion that except for the firm's exceedingly lucrative 33 percent stake in the Chinese cash cow that is Tencent, there seems to be little else to write home about in terms of outstanding performance.
In this episode of the African Tech Round-up, Andile Masuku and Musa Kalenga discuss the merits of an open letter penned by a certain Albert Saporta - the managing director of the Geneva-based investment advisory firm and Naspers shareholder, AIM&R - accusing Naspers CEO Bob van Dijk of destroying approximately $25.6 billion of shareholder value since his appointment more than three years ago. Sniper!