Naspers’s market capitalisation climbed above R1 trillion on Tuesday.
This came on the back of record gains of by Chinese WeChat messaging app developer Tencent, of which Naspers owns 34%.
Theron spoke about the history and growth of this South African giant.
Scroll down for quotes from the audio below.
Who would have thought, back in 1915, when a bunch of Afrikaans guys got together to create a bunch of nationalistic newspapers that this would be the outcome!— Paul Theron, MD of Vestact
Naspers has a visionary management team; particularly Koos Bekker.— Paul Theron, MD of Vestact
It’s hard to make eye contact with Chinese people because they’re always looking at their phones.— Paul Theron, MD of Vestact
The Chinese government doesn’t allow Amazon, Facebook and Google.— Paul Theron, MD of Vestact
This will not end in tears. It will end in euphoria.— Paul Theron, MD of Vestact
Naspers has been on a spending spree in the last 15 years. They have an incredible portfolio.— Paul Theron, MD of Vestact
If you don’t have at least 15% of your portfolio in Naspers you need to have your head read.— Paul Theron, MD of Vestact
You must be invested in this thing!— Paul Theron, MD of Vestact
Recommendedby NEWSROOM AI
We interviewed Naspers CEO Bob van Dijk about the perceived over-reliance of his company on Chinese behemoth Tencent.
Internet services company Tencent Holdings, in which Naspers has a 34 percent stake, has surpassed Facebook in brand value.
The Chinese tech-firm will pay R1.5bn for a 15 percent stake in the US developer famous for its hit "Kim Kardashian: Hollywood”.
Everyone from your hairdresser to your dentist is urging you to buy Naspers. This is exactly why you should read this.
First Avenue Investment Management analyst Nadim Mohamed is the latest in a string of experts to sing Naspers’ praises.
The Naspers share price is booming and analysts expect it to continue. Here’s why…
Bruce Whitfield speaks to historian Professor Lizette Rabe about the story of the Nasionale Pers.
Richard Peirce discusses his documentary 'Lions, Bones & Bullets', which follows the trade to the Far East.
Baloyi became SA's youngest mayor in 2013. He talks about 'being born into politics' and the principles that guide him.
Load shedding has been suspended for Sunday, but the system remains 'unpredictable'.
Parenting expert Nikki Bush has valuable pointers on what to keep in mind when matching your child to a school.
Former president Jacob Zuma arrived at OR Tambo International where supporters waited to give him a hero's welcome.
The music icon and Ladysmith Black Mambazo founder is being laid to rest in his home town in KwaZulu-Natal.
Eskom says 'improved generation system performance' will allow it to suspend load shedding at 5pm on Saturday.
The Ladysmith Black Mambazo founder will be laid to rest in Ladysmith on Saturday.
Stage 2 power cuts are scheduled until 6 am on Sunday, but Eskom says this could be extended.
Joanne Joseph spoke to Play Africa founder and CEO Gretchen Wilson-Prangley on International Language Day.