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Bad business has not dented Iqbal Survé's 'billions' — or so he says

Despite years of controversy about companies failing to meet their financial obligations and other evidence that they’re bleeding money, Iqbal Survé reckons his ‘empire’ is cash rich and thriving. ....

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In blow to PIC, Iqbal Surve's Independent retrenches a third of its staff

Retrenched staff lay a complaint at the CCMA, as they wait for the newspaper group to pay out their agreed retrenchment packages. The retrenchments are bound to be a blow for the government’s Public Investment Corporation, which has poured R800-million into the group and has a 25% stake. ....

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Sino-British documentary showcases charm of China

Sino-British documentary showcases charm of China
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

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Iqbal Survé's Independent Media unable to pay full salaries as shareholders cut purse strings

Iqbal Survé’s Independent Media, which owns titles including The Star, Cape Argus and Pretoria News, is unable to pay its staff their full salaries for March as it fights for its survival, according to internal notes to employees seen by News24. ....

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Independent Media alerts staff to short-payment of Marc...

More than 1,000 employees of Independent Media received notice this week that only 75% of their salaries would be paid on Saturday morning, with communication regarding payment of the remaining 25% to follow next week, because 'our shareholders have advised us that they will no longer be suppor. ....

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