Ervin Tu, the group chief investment officer at Naspers, has been appointed interim chief executive of both companies
While the Constitutional Court has agreed that certain sections of the Equality Act are unconstitutional, it has decided the issue of whether Jon Qwelane was guilty of hate speech
Asset managers are concerned about the share exchange but others welcome it because Naspers has dominated the JSE
The firm is countering threats from streaming services and is investing strongly in local content
The boards and top management are mostly white men, but the majority of the media houses’ employees are African women
Media24 joins eight other media companies that have reached settlement agreements with the Competition Commission
Without oral evidence, an application to have a contested Afrikaans-English dictionary pulled from the shelves was dismissed.
Naspers is raking in profits globally, but its BEE shareholders aren’t happy. And it’s been trying to pay less tax in Europe via its Netherlands HQ.
News wire service, the South African Press Association, will send out its last story at midnight on March 31 2015, its board said on Thursday.
Design24 has launched a competition for designers to reimagine the Sanlam Centre in Cape Town, once the tallest building in Africa.
The loss of as much as 75% in advertising volume has spurred retrenchments in the business media.
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A merger between Media24, the Paarl Media Group and the Natal Witness has been conditionally approved by the competition tribunal.
Opposition to the merger of <em>The Witness</em> and Media24 has shed light on shady practices in the community newspaper sector.
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/ 9 December 2011
Read the open letter to Naspers and Media24 executives about the possible closure of Boekehuis.
It has been a sad and bad year for the book world in Johannesburg.
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/ 1 November 2011
Media24 is to be questioned by the Competition Tribunal after a Free State media house accused it of anti-competitive behaviour regarding advertising.
Competition regulators are gearing up to investigate allegations of collusion in the newspaper printing industry.
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/ 2 December 2010
There’s renewed focus on newspaper ownership by the ANC, even as they’re becoming less hardline about the Media Appeals Tribunal and the Secrecy Bill.
A series of anonymous letters from employees and former employees of daily newspaper <i>Beeld</i> to the board of its holding company, Media24, has accused Beeld management of "serious corruption".
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/ 8 February 2008
The circulation figures of some magazines published by Media 24 were adjusted downwards, the Audit Bureau of Circulation (ABC) said on Friday. This follows an audit the ABC did on all Media24 magazines after it was found that the circulation of some of the company’s women’s magazines were fraudulently inflated between April 2006 and June 2007.
Africa’s largest media company, Media24, has admitted to falsifying the circulation figures of 12 of its 60 magazine titles. Three senior managers from Touchline Media, a Media24 subsidiary, have resigned and are under investigation in connection with the false circulation numbers.
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/ 15 September 2007
Advertisers have asked that magazine publisher Media24 pay back the full amount for adverts placed in titles that were found to have inflated circulation figures, the Weekender reported on Saturday. Michelle Brook, media director at OMD Media Direction, is quoted in the report as saying that her company had requested ”full compensation” for adverts paid for in some titles.
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/ 14 September 2007
With just about 1 000 days to go to the 2010 Soccer World Cup, South African media fears about the commercialisation of the tournament and how it could hamper effective coverage of the event seem well-founded. Fifa marketing executive Sandile Ndzekeli refused to grant the Mail & Guardian the right to publish the images of three 2010 World Cup posters.