Cape Business News
May 26, 2021
CBN Audio:
NOVUS Holdings, the old Paarl Media printing operation, has seen a significant change in ownership with media giant Media24 selling out its influential 17.4% stake in the struggling business last month.
Media24’s stake in Novus was always considered strategic since most of its printing work for its magazines and newspapers went to Novus. Media24 and Novus were once both ensconced in the Naspers empire.
But that has all changed – no doubt brought about by declining volumes in the mainstream printing and publishing segment. So enter A2 Investment Partners as a new strategic shareholder at Novus.
12 Aug 2019 To stop corruption, reduce poverty and save SA from Zuma : Why people donated to CR17 campaign, according to Magda Wierzycka Ethan Van Diemen Share Magda Wierzycka, CEO of Sygnia Group, is seen during an interview at her office. (Alon Skuy, Gallo Images, Sunday Times, file)
Magda Wierzycka, Chief Executive Officer of Sygnia [JSE:SYG], a financial services company, said on Sunday that donors to President Cyril Ramaphosa s successful CR17 campaign for the ANC presidency had donated .to stop corruption, reduce poverty and save SA from Zuma, Guptas etc .
The president and the CR17 campaign have been under increasing political and media scrutiny since Public Protector advocate Busisiwe Mkhwebane released her report on the Bosasa donation saga, which also looked at the CR17 trust account, the donations received and how the money was moved around.