Naspers dropped 30% (to R2465) after listing its offshore internet assets in Amsterdam as a separate company called Prosus.
The steep fall in the share price is due to Naspers now owning only 75% of Prosus (instead of 100% of it on Tuesday).
Prosus is now the holder of a 31% stake in Chinese tech giant Tencent.
Naspers retains control of Prosus through its ownership of 75% of Prosus' shares.
Listen to the interview in the audio below (and scroll down for quotes from it).
There are caps on how much of an individual share you can own. Now you’ve got two shares… No one wants to invest more than 15% in any individual share…— Simon Brown, Financial Educator - Just One Lap
Naspers was about 22% of the Satrix Top-40… It’s now about 15%... Prosus today went into that Top-40 index…— Simon Brown, Financial Educator - Just One Lap
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
Recommendedby NEWSROOM AI
Nigeria this week said it would repatriate 600 of its citizens. The first two busses arrived at OR Tambo on Wednesday morning.
Personal finance expert Warren Ingram discusses five things you should do right now if you're to retire in 10 years, or so.
“Pick n Pay dug themselves a hole, then jumped into it,” says branding and advertising expert Andy Rice.
Valerie Pole started a business with R1000, turned a profit in six weeks and wrote a book about it.
Police expect to make arrests after a video surfaced of teachers assaulting a baby and small children at a Randfontein creche.
Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.
Women on Farms co-director Carmen Louw says they hope the Extension of Security of Tenure Act will be amended.
Joanne Joseph speaks to University of Cape Town Children’s Institute's communications and education specialist Lori Lake.
Eyewitness News reporter Edwin Ntshidi gives a summary of the findings made by Mkhwebane.
Azania Mosaka speaks to Cycan CEO Bryan Hattingh about the difference between a tough leader and a toxic leader.
EWN UK correspondent Gavin Grey says the prince completed his final round of royal duties on Wednesday in Scotland.
The two parties are persistent with their calls for speaker Katlego Mathebe to resign.
Joburg’s hippest race – the Discovery 947 Rhythm Run promises to get people moving in more ways than one.
Eusebius McKaiser facilitates a conversation on Tito Mboweni's speech with different pundits.
Callers on the open line share stories of how women are living in fear in the country and how bad the situation is.
Khabazela shares some of the videos that went viral on Twitter and Facebook.