In this Smart Money with Alishia Seckam interview, Ervin Tu discusses Naspers’ and Prosus’ impressive financial performance.

Tu is the Group President and Chief Investment Officer at Naspers and Prosus. He joined the companies in August 2021 and has played a critical role in helping the two companies reach new heights.

In his role as Chief Investment Officer, Tu is responsible for leading investments across both Naspers and Prosus.

In this Smart Money with Alishia Seckam interview, Tu explains how Naspers and Prosus have turned a corner and achieved excellent financial results.

He discusses how his leadership roles at Goldman Sachs and SoftBank prepared him for his responsibilities at Naspers and Prosus – where no two days are the same.

Tu then explains why he believes Naspers’ and Prosus’ impressive performance over the past 18 months will continue.

He also discusses how the company is approaching the latest technologies – like AI, FinTech, and health technology.

He then discusses Naspers and Prosus’ relationship with Tencent and the value of Tencent’s share buyback scheme to shareholders.

Tu reveals why the Prosus spinoff and cross-shareholding were the right decisions – even though they created additional complexity in the short term.

He concludes the interview by providing insight into what shareholders can expect from Naspers and Prosus in the coming years.