It is becoming increasingly difficult to make sense of Naspers’ results, as Tencent appears to be its main driver at a time when the group needs to diversify to a far greater degree. No fewer than 15 notes accompanied the financial statements on Friday as the global internet and video entertainment group reported higher headline earnings per share for the six months to September 30, but with lower earnings. Rockwell Diamonds is lurching from crisis to crisis, with the latest twist in the sorry tale of this alluvial miner a contractor at the end of its patience and asking the court to put the company into provisional liquidation. C-Rock Mining, which has been building Rockwell’s wet plant as well as mining, claims it is owed millions of rand. Rockwell’s new CE, Tjaart Willemse, says there are claims to be made against C-Rock and it will be resolved in court. In C-Rock’s affidavits lodged against Rockwell and a number of its subsidiaries, e-mails from then chief financial officer John...
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