Media24-Novus merger bid faces legal review
The Citizen|November 02, 2024
Caxton and Capital Newspapers have taken legal action to halt the Competition Commission's approval of Media24's merger with Novus Holdings.
Jeremy Maggs

The deal, which involves Novus acquiring Media24's distribution arm, On-the-Dot, and community newspaper portfolio, has sparked fierce opposition from rival media houses concerned about its impact on media diversity and employment in the sector.

Caxton and Capital Newspapers have applied to the Competition Appeal Court, seeking an interdict to prevent the merger from being finalised until a review of the commission's decision can be undertaken.

This story is from the November 02, 2024 edition of The Citizen.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the November 02, 2024 edition of The Citizen.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE CITIZENView All
The Citizen

ANC Must Answer Why Troops Perished in DRC

Probe generals who were playing golf while soldiers lost their lives, writes Gav the plumber.

time-read
1 min  |
February 18, 2025
The Citizen

Rodgers hails Celtic 'strides'

Celtic manager Brendan Rodgers (above) urged his underdog side not to die wondering in today's must-win Champions League second-leg away at Bayern Munich.

time-read
1 min  |
February 18, 2025
My Vote Counts 'misses point'
The Citizen

My Vote Counts 'misses point'

DONATIONS: NON-PROFIT 'SHORTSIGHTED' ABOUT DISCLOSURE

time-read
2 mins  |
February 18, 2025
Row over G20 labour platform
The Citizen

Row over G20 labour platform

Representation is for workers to determine, says union federation.

time-read
3 mins  |
February 18, 2025
Experts Not Amused by Damage Brought by Boreholes
The Citizen

Experts Not Amused by Damage Brought by Boreholes

Water experts who have been concerned about Gautrain tunnels and underground water systems are not surprised by the damage from illegal borehole drilling on private property above these tunnels, which brought parts of the train system to a halt this week.

time-read
2 mins  |
February 18, 2025
New era of digital autonomy
The Citizen

New era of digital autonomy

AGENTIC AI: PROMISES COST-CUTTING, IMPROVED EFFICIENCY, ABILITY TO SCALE OPERATIONS

time-read
2 mins  |
February 18, 2025
Extension to Sassa cards deadline
The Citizen

Extension to Sassa cards deadline

The deadline for South African Social Security Agency (S assa) benefi ciaries to swap their gold card for the Postbank black card has been extended from 28 February to 20 March .

time-read
1 min  |
February 18, 2025
The Citizen

Protesters are 'traitors'

More black people in the country are affected by crime than white people, says Mashaba.

time-read
2 mins  |
February 18, 2025
Battle for hearts and minds
The Citizen

Battle for hearts and minds

PEACEKEEPING: NEW WEAPONS ARE FAKE NEWS, BARRAGE OF DISINFORMATION

time-read
4 mins  |
February 18, 2025
The Citizen

R22bn shortfall in budget

'Wealth tax on rich may not yield required revenue.'

time-read
3 mins  |
February 18, 2025