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South African shares set to erase 2020 losses on Naspers and gold

South African stocks set to erase 2020 losses on Naspers and gold - South African shares set to erase 2020 losses on Naspers and gold

South Africa’s benchmark equities index is ready to erase its 2020 drop, staging a spectacular snap-back from its March trough following a surge in shares of market heavyweight Naspers Ltd and a stellar efficiency by gold miners. The FTSE/JSE Africa All Share Index gained as a lot as 2% on Tuesday, and has climbed greater than 50% from its March …

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EBay desires to maintain stake in classifieds sale, hurting Prosus bid

EBay wants to keep stake in classifieds sale hurting Prosus bid - EBay desires to maintain stake in classifieds sale, hurting Prosus bid

EBay Inc would like to maintain a stake within the categorised promoting enterprise it’s promoting, in keeping with folks aware of the matter, lessening the probabilities Prosus NV will win the hotly-contested public sale. The choice at a board assembly on Friday offers a shock increase to a bid from Norwegian on-line market Adevinta ASA, which supplied a mixture of …

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