Steven Nathan on Naspers management and Alexander Forbes’ sale of its life insurance to Sanlam

Naspers came to a crossroads last week as 36 activist investors teamed together against the complex shareholding structure and lack of management alignment in Naspers and Prosus - South Africa’s two largest businesses. The Naspers executive team, led by chief executive Bob van Dijk, has been under scrutiny by market participants for a number of years. Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour to comment on the management of Naspers and the giant’s precarious position. Another significant deal, Alexander Forbes’ sale of its life insurance to Sanlam, was also discussed. Learn more about your ad choices. Visit megaphone.fm/adchoices