Independent News and Media chief executive Vincent Crowley. The publishing group has outstanding debt of about €430 million but is aiming to reduce this to €118 million. Photograph: Frank Miller

Media group Independent News & Media (INM) has reduced its debt burden by about €148 million following the completion of its sale of its South Afr(...)

Mandla Mandela

The chairman of the South African media consortium buying the local business of Independent News & Media has revealed who the key members of his g(...)

Press freedom and diversity have become the central themes in a row between media houses in South Africa over the transparency of the sale of Independ(...)

South Africa’s president Jacob Zuma. His  government’s 25 per cent stake in INMSA would significantly increase its overall stake in South Africa’s media and is likely to raise concerns regarding excessive state influence in the sector. Photograph: Reuters

The South African government’s employee pension fund will get a 25 per cent stake in Ind(...)