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Naspers backs rent-to-buy a car firm in $100 million deal

Naspers Ltd. has announced its backing of a rent-to-buy-car firm Planet42 - with a multi-million dollar debt and equity fund-raising.

South africaUnited statesSouth africanMarten orgnaLoni prinslooHoldings capitalNaspers ltdExecutive officer eerik ojaRivonia roadSouth african focusedBriter bridgesNorth americanCar industryEerik ojaNaspers ltdPhuthi mahanyele dabengwa

Planet42 gets $100 million backing to expand car rental business in South Africa and Mexico

Estonia-based vehicle rental startup Planet42 has announced that it has raised a $100 million round to scale its operations across South Africa and Mexico.

South africaUnited statesAndrew rolfeSouth africa basedNaspers limitedChange venturesRivonia roadGrant wingMordor intelligenceCar rental marketSouth americaMiddle east

Naspers backs rent-to-buy a car firm in R1 8bn deal

Other participants in the equity and debt raise include ARS Holdings and Rivonia Road Capital.

South africaUnited statesSouth africanMarten orgnaHoldings capitalExecutive officer eerik ojaRivonia roadSouth african focusedBriter bridgesNorth american

Naspers backs South Africa s Planet42 in R1 8-billion raise

Naspers is backing rent-to-buy car firm Planet42 in a $100-million debt and equity fundraising.

South africaUnited statesSouth africanMarten orgnaHoldings capitalRivonia roadSouth african focusedBriter bridgesNorth american

Roads to avoid in Sandton as memorial held for AKA

The metro police in Johannesburg has warned motorists to expect heavy traffic in the Sandton area due to the memorial service of late rapper Kiernan Forbes

South africaKwazulu natalXolani fihlaTebello tibz motsoaneJohannesburg metropolitan police departmentSandton convention centre onSandton convention centreFifth streetsWest streetsKatherine streetsRivonia road

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