Almost immediately after Naspers CEO Bob van Dijk made public the long-awaited plan to tackle his nice-to-have corporate headache, it was obvious it is a short-term solution to a long-term problem. 

But the plan buys the Dutchman time to remain wedded to Naspers’s 29% stake in Tencent, whose supersonic ascent saw the market price of Cape Town-based Naspers look like it was no more than a proxy of the Chinese moneymaker.        ..

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