Brics nations will take a more central role in the growth of Naspers's business interests in future, group chairman Koos Bekker said this week. Bekker, who was a panellist at the Brics Business Forum, which was held on Tuesday ahead of the summit of Brics heads of state, said the five-member bloc comprising Brazil, Russia, India, China and South Africa held promise of growth opportunities as these countries "grow more quickly" and have "got vitality". Naspers has had a long winning streak in China through its investment in internet company Tencent. It recently trimmed the stake by 2%, raising over R100-billion, which it will apply to digital businesses and strengthening its balance sheet. Speaking to Business Times on the sidelines of the Brics forum, Bekker, a major shareholder in Naspers, said the future lies in investments in online food delivery and classifieds businesses.Payment platforms are another area where Bekker sees further opportunity. "In the emerging world people stru...
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