Browsing: Red Gold Investments

Vino Govender, the former CEO of On Digital Media, which operates DStv rival TopTV, has agreed to resign as director and CEO of First National Media Investment Holdings, one of the pay-television operator’s founding shareholders, after an ultimatum from the Industrial Development Corp

The fall-out from the business failure of MultiChoice rival On Digital Media, the owner of TopTV, continues unabated with news that the Industrial Development Corp has taken three of the pay-TV operator’s major shareholders to court seeking to recover more than R750m