[LISTEN] Why Manyi's Gupta media acquisitions not about the money
Bongani Bingwa speaks to Caxton professor of journalism at Wits, Anton Harber, about Mzwanele Manyi’s latest purchase of the Gupta media companies.
JOHANNESBURG – Media analyst and veteran editor Anton Harber says that Mzwanele Manyi's purchase of Gupta-owned ANN7 and The New Age is unlikely to have been about money.
Manyi is buying the newspaper and television news network for a combined R450 million through a vendor financing agreement.
Harber believes that the acquisition is a strategic move to advance specific political interests.
For more information listen to the audio above.