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.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Suvasha Kander, a Fund Manager at Ashburton.
The Money Show’s Bruce Whitfield interviews Dr Nicholas Burger, a Healthcare Consultant at Frost & Sullivan.
Forbes and Inc. call “How to Have a Good Day” a “top must-read business book”. Bruce Whitfield interviews author Caroline Webb.
Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).
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.
MEC for Transport Ismail Vadi says the feasibility study has been submitted to Treasury for consideration and formal approval.
Dukwana accuses Magasshule of taking him to Saxonwold and asking him to sign a project over to the Guptas for R2 million a month.
Judge Mandela Makaula has dismissed the defence application saying it has no merit.
EWN Reporter Barry Bateman gives the latest on what is happening at the Nugent Commission of Inquiry into Sars.
City of Johannesburg Executive Mayor Herman Mashaba says criminals cannot be allowed to threaten service delivery in the city.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.