News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Advertise

Submit content

My Account

Marketing & Media In brief South Africa

Free State government reportedly paid Gupta companies R79m

Business Day reports that the Free State government paid an estimate of R79m to Gupta-owned media companies during the time it was headed by Ace Magashule.

The province paid R79.3m, which is R20m less than the total for national departments, to The New Age newspaper and Infinity Media, which housed the former ANN7 television station.

According to testimony by Treasury official Jan Gilliland, the Gupta media businesses received about R260m from the government in total.

Read more on this story here.

Let's do Biz