Exposing Immoral Profits! NASPERS & its shareholders were caught offside with a 31% stake in the Devils work. Should or Will NASPERS Sell off Tencent now? Will Shareholders take a moral stand? Will Mainstream Media in SA now actually do journalism instead of just acting like megaphones for the ANC party line, like happens in China? Finally, thanks to Trump yet again, the world knows that NASPERS is an immoral company that is prepared to do the devils work for profit. While most NASPERS shareholders chose to ignore SA-News articles of NASPERS’ regulatory obedience to the Chinese Communist Party, which controls all Chinese companies, they can no longer ignore it, and have a stark choice to make: Sell or knowingly profit from human rights abuses, mass censorship, abuse of privacy through mass spying and data capture, and Chinese communist world supremacism. However there are bigger questions for South Africa to answer…
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Does NASPERS Give Your DSTV, Takealot or News24 Data to ANC Government? They Do in China! Is NASPERS an Immoral Corporation?
How China, the #CCPvirus and NASPERS Sent South African Stocks Index to Record Highs in April Despite Lockdown!
The Rich Get Richer: Is it any wonder NASPERS was able to “donate” 1 Billion worth of Chinese made testing kits and PPE to South Africa, after unprecedented demand for online services and entertainment during the Covid-19 lockdowns, firstly in China when the CoronaVirus started, and now in SA, saw a scramble for safe investments, which helped grow NASPERS profits, and set South African stocks on course for a record April month! The benchmark index in Johannesburg is up 14% in April, the most in any month since Bloomberg began tracking the gauge in 1995. Most South Africans do not realise the extent of China’s influence on South Africa even though millions of South Africans have a financial stake in the growing intolerance of criticism by the Chinese Communist Party (CCP) Government.
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Foreigners are dumping SA bonds at a rate of almost R2 billion ($132 million) a day as junk status looms
Investors have been dumping South African government bonds at a rate of almost R2 billion ($132 million) a day in August. With issuance increasing and a downgrade to junk a looming possibility, non-residents have sold a net R14.4 billion of the debt in August so far, according to JSE data compiled by Bloomberg. That’s an..
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Markets give negative verdict, dark picture is being sketched despite the political euphoria surrounding Ramaphosa
According to the latest economic figures recently released by Stats SA from the SA, a negative picture is being sketched despite the political euphoria surrounding president Cyril Ramaphosa and the steps he takes to curb corruption. These figures show that in the first quarter of this year, the economic growth rate was lower than expected,..
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SA economy in dire stress Mr Cyril! – No growth occurred and Gross Domestic Production shrunk by a shocking 3.2%
Despite the great optimism surrounding Ramaphosa’s election as ANC president, there has been no growth in the domestic economy. Rather, the decline can be notice after the latest figures where released. Gross Domestic Production weakened by a shocking 3.2% in the first quarter of 2019. This is the biggest fall since the world wide financial..
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Steinhoff implosion staggers SA
The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest corporate failure on the JSE so far, but it may just be the tip of the iceberg. On Thursday afternoon, Finance Minister Malusi Gigaba said he supported a decision by the Financial Services Board (FSB)..
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Gupta company may be suspended from JSE – Finally the getting what they deserve!
Gupta owned company is faced with possible suspension by the Johannesburg Stock Exchange after being dropped by both its transfer secretary and sponsor. Oakbay Resources and Energy Ltd. was informed that the JSE is considering halting trading in its shares and is considering various alternatives, the company said in a statement on Thursday. Both appointments..
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