... than others. This is a problem especially in the African countries, where high rates of political instability is at the order of the day. Whilst this risk is beyond the control of Naspers, care is taken to assess this risk when entering a new market. In addition, the group operates in more than 50 countries across the globe, thereby spreading its exposure. * Regulatory disruption The group's pay-television, internet and other media operations are generally subject to government regulation in many of the countries in which they operate. Delays or failure in obtaining or renewing the necessary regulatory approvals could disrupt the group's ability to offer its services. To mitigate against this barrier, the group cooperates, discusses and consults on a continuous basis with the various regulators in the countries in which it operates and endeavours to comply with regulatory terms and conditions. Furthermore, the group actively participates in and contributes ...

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