MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Naspers mulls options for South Africa’s historic ‘City Press’ | SA News

Naspers mulls options for South Africa’s historic ‘City Press’ | SA News

Naspers, Africa’s largest company by market value, is exploring strategic options for City Press, according to people familiar with the matter, a historic newspaper in the continent’s biggest economy.

Media24, a unit of the company that operates some of South Africa’s biggest digital news sites and popular magazines, is considering selling the title or closing it down, the people said, asking not to be identified because the discussions are private. The firm is in early talks with a consortium that includes local business people about a potential sale, but it’s possible a deal may not be reached, the people…

Media24: One of the largest media companies in South Africa, owning numerous
newspapers and magazines.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Fun South African fact

    Dear Editor Fun South African fact: towns like Franschhoek and Stellenbosch are home to world-class wine farms set in stunning, scenic surroundings. Regards Aressa Smith In Response to/From: Luxury Properties Seized in New Lottery Crackdown

  • Condolences on the Passing of Lusanda Dumke

    Statement by Leander Kruger MPL – DA Buffalo City Constituency Leader: The Democratic Alliance in Buffalo City Metropolitan Municipality mourns the passing of Springbok Women’s rugby player and Mdantsane trailblazer, Lusanda Dumke, who lost her battle with cancer at the age of 28. South Africa has lost an exceptional athlete, a leader, and a source…

  • Rape Kits Delivered, But…

    Statement by Nicholas Gotsell MP – DA NCOP Member on Security & Justice: The DA can confirm that 2 840 rape kits arrived in Cape Town on Monday, following sustained DA oversight and pressure after multiple police stations across the Western Cape were found to be without this critical forensic evidence tool. While this delivery…

Reader Interactions

Comments

  1. Aikona – not on your life [eye-koh-na] or [hi-koh-na] A Zulu term used to express shock or disbelief when talking to friends or family.Example: “Aikona, why did she do that?!” / “Haikona, when?! How?!”