Emerging markets investment firm Actis has agreed to buy a controlling stake in Cape Town-based fibre broadband network operator Octotel.
When Naspers lists in Amsterdam, it will bring with it a dual shareholding structure to match or even exceed the worst practices of tech behemoths such as Facebook or Google parent Alphabet.
Listed printing and publishing company Caxton on Wednesday presented its understanding of the Naspers control structure which, if true, would mean the end of the Keeromstraat-Nasbel voting pool that currently controls the Naspers group. Caxton argued this
African Media Entertainment has made an offer to acquire financial news website Moneyweb in a deal worth as much as R29,6m. The deal, if it gets approved, will lead to Moneyweb’s delisting. In a statement issued after markets closed on
A recent supreme court of appeal decision that pitted e.tv and others against MultiChoice and the SABC on the issue of the digital migration and the specifications of set-top boxes – itself a reversal of a high court decision – is now heading to the constitutional
The Competition Tribunal found on Thursday that a 2013 deal between the SABC and MultiChoice that would give the pay-television company the right to air two of the public broadcaster’s
The Competition Tribunal heard on Wednesday that pay-television operator MultiChoice took control of valuable assets of the SABC and influenced a key SABC policy materially, through an agreement that only became public after somebody leaked it. Steven Budlender SC
Two South African media companies will slug it out in the high court in Johannesburg on Thursday over claims of copyright infringement. In court papers running to hundreds of pages, business website Moneyweb, owned by Caxton, hopes
The SABC and MultiChoice will launch its rerun entertainment channel, called SABC Encore, on 11 May on DStv. The launch of SABC Encore, which formerly would have been called SABC Entertainment
MultiChoice has come out swinging against Caxton after the newspaper publisher and two public broadcasting advocacy groups accused the pay-television operator of concluding a deal with the