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Deon Basson Dies

It was a sad day for local investigative journalism on Saturday. Deon Basson, one of my favourite journalists, died suddenly. The last interview with him on his thoughts on journalism is also especially insightful. No doubt Naspers lack of support for him in his defence against Sharemax didn’t help.

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Social Media Analysis News, 12 September 2008

News from the companies of social media analysis. Companies and services 5 September - Naspers (JNB:NPN) acquired a majority stake in social media aggregator Afrigator. via RWW 8 September - FirstRain announced that they've signed their 100th institutional client.People 9...

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MIH Group/Naspers Acquires Major Stake African Social Media Tracking Company. Afrigator

MIH Group/Naspers, one of Africa’s biggest media companies has acquired a majority stake in Afrigator. Afrigator is a social media company that aggregates videocasts, podcasts, blogs, news sites, etc. for sites in Africa. The social media information is then categorized by countries and content type by Afrigator. Afrigator has been growing 25% every [...]

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African Social Media Tracker Afrigator Gets Acquired

Afrigator , a multimedia meme tracking site aggregating African blogs, podcasts and video, has been acquired by South African conglomerate MIH Group/Naspers . We gave Afrigator a positive review nine months ago and CNN's Business 2.0 called it one of 31 companies to watch outside the US last year. (Warning: Insipid, traditional media, ad-ridden "slide show" behind that CNN link.) The Afrigator interface,...

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Naspers moves into mobile networking

BuzzCity, a developer of global mobile communities and consumer services, has secured US$10-million (about R78-million) in growth capital to help extend the market share of its core property, myGamma.com, from South African media giant Naspers.

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Funding Update: MIH, investment arm of Naspers, has invested $10 million in BuzzCity

Dr. Fung further adds, " I expect BuzzCity will expand in Africa, Middle East and Latin America, and strengthen our operations across Asia, Europe and US." BuzzCity which is a Singapore based mobile content and services company, also owns myGamma a mobile social network, received $10 million from MIH.

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Mobile development company BuzzCity receives $10m investment

BuzzCity, mobile development company has received $10 million USD in growth investment from South African investors, Naspers. The $10 million buys Naspers a 10% stake in the Singaporean company.BuzzCity will use the cash injection to further...

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Mobile Social Net myGamma Gets $10 Million For Africa Partnership

Mobile social network myGamma 's parent BuzzCity is getting a $10 million funding from South African media group Naspers, with the aim of investing in applications that can leverage partnership opportunities. The Singapore-based network offers blogging, messaging, games etc and claims 2.7 million users across 70 countries and 1.7 billion ad impressions per month. It's particularly popular in South...

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German DVB-H verging on collapse

The German mobile TV package in DVB-H technology, backed by publishing houses Burda and Holtzbrinck together with South African media company Naspers, appears to be on the verge of folding. The...

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Nimbuzz secures $15 million in second round

Nimbuzz, the company behind the popular VoIP and IM client, has announced that it has raised $15 million in the second round of funding. Naspers/MIH led the round and Nimbuzz's other major existing investor, Mangrove Capital Partners, also participated. According to the official release, the new money will be used to further develop Nimbuzz's product offering [...]

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Nimbuzz Raises Another $15 Million

What’s the buzz on Nimbuzz? The company has raised another $15 million for product development. This was Nimbuzz’s second round of fund raising. Naspers/MIH and Mangrove Capital Partners were involved in the fundraising.. “We are actively working on strategic distribution deals with leading social networks and mobile operators. It is our aim to blend our technology with [...]

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Phuthuma Nathi shareholders could pocket R400m jackpot

An estimated R400 million windfall is awaiting black shareholders in MultiChoice if Naspers decides to pay a special dividend after selling MWeb, the company's subsidiary.

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Nimbuzz Lands $15 Million for Mobile VoIP, IM Application

London - Nimbuzz, a provider of VoIP and IM services for mobile devices and social networks, announced on Wednesday that it has raised a $15 million second round of funding, led by Naspers/MIH with participation from previous backer Mangrove Capital Partners. read more

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Bids Flood in for Naspers's MWeb

Naspers had received a dozen bids for its internet operation MWeb, which was put on sale early last month, Africa's biggest media group said on Monday.

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Naspers Limited Today Announced the Disposal of NetMed N.V. and Withdrawal of Cautionary

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (JSE:NPN) (NASDAQ:NPSN) today announced the disposal of NetMed N.V. and withdrawal of cautionary.