Also read the following related article:
Naspers is down more than 4% after US law firm Pomerantz announced it was investigating the African media giant.
Included in the investigation are allegations that MultiChoice paid huge amounts to the SABC and then Gupta-owned ANN7 in exchange for political influence with regards to digital migration.
Pomerantz has confirmed it is investigating whether Naspers and its directors engaged in security fraud or other unlawful business practices.
The probe is carried out on behalf of Naspers shareholders and it's now being reported there could be a class action lawsuit.
The Money Show’s Bruce Whitfield interviewed Techcentral Editor Duncan McLeod.
For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).
There are so many angles to this story…— Duncan McLeod, Techcentral
The level of lobbying that was going on… the company [MultiChoice] was pressing very hard to get this to go in its favour…— Duncan McLeod, Techcentral
International best practice is to not have encryption.— Duncan McLeod, Techcentral
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
The Money Show’s Bruce Whitfield interviews Sibanye-Stillwater Chief Executive Officer Neal Froneman.
The Money Show’s Bruce Whitfield interviews Benguela Global Fund Managers Chief Investment Officer Zwelakhe Mnguni.
It’s time to start thinking about how to keep your business relevant next year, says small business guru Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
Did you know? Koos Bekker cofounded MTN, never got a salary at Naspers, and is the 11th richest African…
Bruce Whitfield plays a clip in which former Communications Minister Yunus Carrim rips into Koos Bekker.
Deputy Editor of Financial Mail, Sikonathi Mantshantsha says branches were warned but did not listen, and he has no sympathy.
Vice-Chancellor of Wits University Adam Habib says Zuma's promise requires about R40 billion in order to be fulfilled.
Listen to what President Zuma had to say on Friday at the #ANC54 Gala Dinner ahead of the elective conference.
ANC secretary-general Gwede Mantashe announced that some delegates will not be able to vote in this weekend's elective conference.
The DA has suspended Patricia de Lille from party activities but Eusebius McKaiser says its statement 'is clear as mud'.
Connor Weber, fell unnoticed into a bin of water and drowned.
Watch the Guptas pack their bags and run in Nando's inspiring new advertisement.