Browsing: Financial Mail

Times Media Group, the publishing, music and retail group formerly known as Avusa, has said it intends acquiring the 50% stake in the loss-making BDFM it does not own. Times Media, which owns the Sunday Times, Exclusive Books, Nu Metro and Gallo Music, is buying the stake

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