The extravagant payment of R330 million per year to Naspers former boss Bob van Dijk raises both moral and financial questions as employees face job losses.
This was the reaction of Dirk Hermann, CEO of the union, Solidarity, after Bussinesstech revealed Van Dijk earned almost R1 million a day in the last financial year amid the bombshell announcement that a proposed restructuring of the company could lead to the loss of at least 400 jobs.
With only a small print media portfolio remaining, Media24 also decided to divest its media logistics business, On the Dot.
While the print editions of Beeld, Rapport, City Press, Daily Sun and Soccer Laduma will be closed, the digital (PDF) editions of Volksblad and Die Burger OosKaap, and the digital hub SNL24 will also be shut down, Media24 CEO Ishmet Davidson said.
Diese Geschichte stammt aus der June 26, 2024-Ausgabe von The Citizen.
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Diese Geschichte stammt aus der June 26, 2024-Ausgabe von The Citizen.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Tremor in a tricky space
Arrangement feels different despite no fundamental changes to seats or design.
You can pay up with a smile for the Chery Tiggo 4 Pro DCT
What is the easiest way to make motoring reporters cringe? Tell them they'll be driving a car with continuously variable transmission or CVT for short.
Piere to See It Again and more
It’s the three-year-olds or See It Again, says Striker.
RASSIE'S MIND GAMES
Erasmus says he could turn to the controversial 7-1 split which caused a stir at the World Cup.
Turning street culture into Olympic gold
Japan used to think skateboarding was a pastime for delinquents but the country has grown into a global powerhouse in the sport and is expected to dominate at this month's Paris Olympics.
Gatecrashing Cavendish's Tour party
Turin With all eyes on Mark Cavendish's chase for a historic Tour de France stage win on Monday, Biniam Girmay instead wrote Eritrea into the record books.
Williams takes the spotlight for Spanish
Thanks to his tender age and illustrious club, Spain and Barcelona's teenage winger Lamine Yamal has caught the eye at Euro 2024 but on the opposite flank, Nico Williams (right) is proving every bit as devastating.
Tedesco curses Belgium’s luck
COACH ADMITS IT WAS A TOUGH TOURNAMENT
Costa: game of my life
Portugal goalkeeper Diogo Costa said he had the best game of his life against Slovenia on Monday as he saved three penalties to send his team into the Euro 2024 quarterfinals.
Bellingham brilliance papers over England’s cracks
England's quest to end 58 years of hurt at Euro 2024 remains alive thanks to one moment of Jude Bellingham brilliance, but the Three Lions failed to look like future European champions in sneaking past Slovakia 2-1.
