How will Newco affect Naspers listing abroad

Multinational internet and media group, Naspers plans to form a new global consumer internet group - NewCo - comprising of all its internet businesses outside of the local market - NewCo's primary listing will be in Amsterdam with a secondary inward listing on the JSE. Naspers however retains its primary listing on the JSE.

Market Analyst at Oanda Ed Moya spoke to Business Day TV about this announcement and what it potentially spells for the company's strategy moving forward.