Open letter to South Africa’s students‚ universities and government‚ represented by Minister in the .
Africa's biggest media company, Naspers, will sell an extra 7,5 percent stake in its Multichoice pay-TV business to black investors after a first stake offer was oversubscribed by almost three times.
Naspers announced in September it would sell 15 percent stakes in two core businesses - Multichoice and its Media24 print division. The new Multichoice stake up for grabs will go to investors who applied to the first offer and were unsuccessful. - Reuters