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Africa’s Largest Media Company Reduces Stake In Facebook

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AFRICANGLOBE - South Africa’s media giant Naspers‘ Russian associate, Mail.ru, plans to pay $899 million in special dividends next month after reducing stakes in Facebook, and exiting investments inGroupon and Zynga, Business Day reported on Wednesday.

Five South African Firms On ‘Global Challengers’ List

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AFRICANGLOBE - Five South African companies are named on the Boston Consulting Group's list of "100 global challengers" - companies from emerging markets that are "growing so quickly overseas that they are reshaping industries and surpassing many traditional multinational companies".
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