JSE-listed media company Avusa has decided to close its group-buying business Zappon. It believes the deal-a-day group-buying model, pioneered by the US’s Groupon, is flawed but hasn’t ruled out relaunching a reworked model of the service in future. Groupon enjoyed early success with the
Browsing: Avusa
Avusa CEO Prakash Desai has resigned, the company said on Wednesday. Desai stepped down on Monday and MD of media, Michael Robertson, would act in his place, the Avusa board said in an online statement. Avusa is one of SA’s largest media houses, and publishes
Andrew Mason is the young, fresh-faced founder of Groupon, the fastest growing start-up in history. Fresh-faced youngsters running tech start-ups are hardly a rare breed in Silicon Valley, but Mason is a native of Pittsburgh and Groupon is based in Chicago, both a far cry
Telkom has appointed Jacques Schindehutte, until recently group financial director at Absa, as its new chief financial officer, replacing Peter Nelson, who resigned last year. He will take up the post on 1 August. Schindehutte, who helped oversee
Avusa-owned cinema chain Nu Metro plans to bring the 2010 soccer World Cup to South Africans in 3D. The company announced in newspaper advertisements on Sunday that it would offer 18 games in 3D between this Friday, 18 June, and the final on 11 July. It will be the only opportunity for South Africans to see the
Online retailer, Naspers-owned Kalahari.net, has pipped rival, Avusa subsidiary Exclusive Books, to the post to be the first SA company…