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> And remember, they were a bunch of nobodies based out of South Africa when that happened. Hard disagree - they weren't nobodies, Naspers was already a media
by sangnoir 5y ago
> And remember, they were a bunch of nobodies based out of South Africa when that happened.
Hard disagree - they weren't nobodies, Naspers was already a media juggernaut by 2001 (print and TV). Naspers was founded in 1915 (as De Nasionale Pers Beperkt - National Press) to promote Afrikaner Nationalism in the aftermath of the Anglo-Boer war. One of Naspers founders was also the founding president of the National Party (you might know them from their hit - Apartheid) and the mutually-beneficial, cozy arrangement between the NP and Nasionale Pers lasted until the very end of the Apartheid government in 1992.
- herodoturtle 5y agoJa true, but don't we Saffers all wish we bought more Naspers on the JSE before their gamble on Tencent.
- foobarbazetc 5y agoA bit ironic that the “nationalists” made their money from a Chinese company though…
- deleted 5y ago[deleted]
- ineedasername 5y ago>Apartheid Sure, but it did gain significant market share and had a massive ROI for many decades for anyone on the profitable side of it. For raging racists & (white) sociopaths, it wasn't so bad.