In late January MultiChoice announced the news channel’s contract will not be renewed when it lapses in August 2018
The negative perception of its previous owners, the Guptas, persisted which also negatively impacted the company’s financials, Manyi explained
What was seen as a major coup for the SABC and the New Age soon degenerated into a farce as a Brics briefing broadcast was lost in translation.
Former minister in the presidency Essop Pahad has broken business ties with the Gupta family by resigning as director of TNA Media, media reports say.