A shareholder activist group is concerned that Naspers will extend controversial labour practices to Takealot, Superbalist, and Mr D Food.
Naspers chairman Koos Bekker and new CEO Fabricio Bloisi were challenged by a Canadian shareholder group on Thursday at the corporation’s AGM.
Bloisi assured shareholders that better protection for workers is “very important for companies like iFood and Prosus” and that he believed iFood leads the push for this in Brazil. In a bid to address their concerns Naspers chairman Koos Bekker invited representatives of Canada-based SHARE to oversee how the global ecommerce group takes care of its million-plus delivery workers and report back to the board at next year’s annual general meeting.
SHARE helps investors manage their assets in ways that contribute to positive social and environmental outcomes. The association has a network of institutional investors with 100-billion Canadian dollars in assets under management and sees things very differently.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
KZN food crisis exposed: More than 70% of households struggling with food securityKZN food crisis exposed: More than 70% of households struggling with food security
Read more »
Takealot’s big Black Friday mysteryTakealot says its Black Friday sales have consistently broken its own records each year.
Read more »
“I’m in Disbelief”: Woman Shows R380 Takealot Blender She Ordered vs What She GotA young woman shared on TikTok that she ordered a R380 blender from Takealot. However, she did not receive the blender she ordered from the online store.
Read more »
Takealot received legal threats for two yearsSouth Africa’s biggest online marketplace has responded to allegations that its platform is being exploited to sell counterfeit goods.
Read more »
Takealot and Amazon’s big fakes problemOnline marketplaces around the world, including South Africa’s Takealot, are dealing with a huge problem of knock-off and counterfeit products being sold on their platforms.
Read more »
Takealot Threatened With Criminal Charges After Counterfeit ClaimsSouth African and global news updates with a twist. 2oceansvibe is South Africa’s biggest solely owned online news platform with local and world news updates.
Read more »