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Naspers buys into Brazilian media

first_img8 May 2006South African media giant Naspers has acquired 30% of Abril, the largest magazine publisher in Brazil and one of the largest media companies in Latin America, for the sum of US$422-million (R2.5-billion).The purchase gives Naspers a stake in the growing Brazilian media market as well as in strong emerging markets worldwide, Naspers said on Monday.“The acquisition is in line with Naspers’s strategy to expand into new markets,” the company said.“In particular, the group is focused on the BRICSA countries (Brazil, Russia, India, China, South and sub-Saharan Africa), which present attractive growth opportunities.To date, Naspers has had some success in establishing a presence in China. This transaction will establish a solid presence in Brazil.“Brazil is an attractive market, where strong economic growth is expected to drive domestic media growth. The acquisition also provides Naspers with the opportunity to apply its expertise in emerging markets.”Big in BrazilAbril has a 54% share of magazine circulation and 58% of magazine advertising revenues in Brazil, and publishes five of the top 10 magazine titles in that country. Its flagship newsweekly, Veja, is the fourth-highest-selling weekly in the world. It has a circulation of some 1.1-million and an average readership of 8-million – the largest of any magazine not owned by a US-based group in the world.Abril also owns a pay-television network and is Brazil’s leading educational book publisher.Abril will use the proceeds of the sale to reduce debt and fund business expansion, Naspers said.After the transaction, the Civita family will hold 70% of Abril and Naspers 30%. Naspers will fund the deal from existing cash resources. Abril’s current management team, headed by chairperson and CEO Robert Civita, will continue to lead the company.Naspers is a multinational media company with principal operations in electronic media – including internet publishing and pay television – and print media, including publishing, printing and the distribution of magazines, newspapers and books.The company’s most significant operations are in South Africa, where it generates about 72.7% of its revenue, with other significant operations elsewhere in sub-Saharan Africa, Greece, Cyprus, the Netherlands, the US, Thailand and China.SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

Cyril Ramaphosa addresses the Asia-Africa Summit 2015 in Jakarta, Indonesia

first_imgAddress by his excellency, Mr Cyril Ramaphosa, Deputy President of the Republic of South Africa, to the Asia-Africa Summit 2015, Jakarta, IndonesiaYour Excellency President Joko WidodoYour Excellencies the Heads of State and GovernmentYour Excellencies the Heads of delegationLadies and Gentlemen,I wish to express, on my own behalf and on behalf of the delegation of the Republic of South Africa, appreciation and gratitude for the hospitality and courtesies accorded by the President, Government and People of the Indonesia since our arrival in this beautiful city of Jakarta.His Excellency, President Joko Widodo, and the Government of Indonesia deserve to be applauded for convening this conference at this crucial juncture in the history of the world. The year 2015 marks the confluence of both the 60th anniversary of the spirit of Bandung and the adoption of South Africa’s premier document, the Freedom Charter, and the 70th anniversary of the United Nations.Your Excellencies,60 years ago in 1955, as the shackles of colonialism were being cast off, the founding fathers of our liberation movements of Africa and Asia convened in Bandung.They gathered here in Indonesia to reflect on the role of emerging nations in securing peace in the global arena, achieving economic development, and assigning colonialism and racism to the dustbin of history.The core principles of the spirit of the Bandung Conference were political self-determination, mutual respect for sovereignty, non-aggression, non-interference in internal affairs and equality.While we celebrate that much of the noble ideals of Bandung have been accomplished, we must guard against complacency. The spirit of Bandung remains unrealized until we universally eradicate poverty, underdevelopment, inequality, extremism and racial and gender discrimination.Your Excellencies,South Africa’s international relations philosophy is premised on the principles of the Freedom Charter launched on 26 June 1955 by the African National Congress, a few months after the return of our two delegates from the Bandung Conference.Our Freedom Charter demands that “There shall be peace and friendship”.As a result, our posture is based on the commitment to the struggle for a humane, just, equitable, democratic and free world, in pursuit of a better Africa and a better world.Your Excellencies,This year also marks the 70th anniversary of the formation of the United Nations. As we observe this milestone, the world remains confronted by the challenges of unequal development and conflict in many regions and within states. A further challenge is that the multilateral financial and political institutions remain untransformed.In this connection, South Africa adds its voice to the calls made at this historic gathering to fast-track the transformation of the global governance system. This particularly applies to the United Nations Security Council. We need to reflect on the importance of an inclusive, transparent, reformed, strengthened, and effective multilateral system that is able to better address the urgent global challenges of sustainable development today.The reform that urgently needs to be implemented must reflect the realities of the new global paradigm.It surely is incongruous that the majority of the world’s population is only periodically represented at the apex of the global institution.Your Excellencies,The plight of the Palestinian people remains a blight on our collective conscience. It is incumbent that we redouble our efforts to bring peace to that troubled Holy Land and have two independent and viable states of Palestine and Israel existing in peace with each other and with the whole world.We are convinced that only sincere negotiations between the Palestine and Israel can secure the peace and security that we all yearn for. We therefore call for an end to the siege on Gaza and an immediate end to the expansion of settlements.Your Excellencies,Let me once again express our sincere gratitude to the Government and People of Indonesia for your hospitality during our time here. I also wish to extend a personal word of gratitude to President Joko Widodo, for his visionary leadership in convening this special occasion.I commend you on this great initiative, which is testament once more of the strong solidarity that exists between the Governments and People of Africa and Asia.Long Live the Spirit of Bandung . Long Live the Africa – Asia Solidarity!Issued by Government Communications (GCIS) on behalf ofThe Presidency23 April 2015last_img read more

WWE SummerSlam 2012 Results

first_imgSummerSlam (2012), a professional wrestling pay-per-view (PPV) event produced by WWE , took place on August 19, 2012 at the Staples Center in Los Angeles, California. It was the twenty-fifth annual SummerSlam, and the fourth consecutive one to be held at the Staples Center.To see SummerSlam 2012 Results, click here World Wrestling Entertainment, Inc is an American publicly traded, privately controlled entertainment company dealing majorly in professional wrestling. Currently, it is the largest professional wrestling promotion in the world, reaching 13 million viewers in the US.last_img read more


first_imgOn top of non-stop action and beautiful weather there has been some romance at the 2007 X-Blades National 18 Years and Under Championships.Referee Aaron McRoberts chose a photo shoot on the first day of the tournament to propose to his girlfriend and fellow referee, Jillian Donoghue. Aaron said he decided to pop the question in front of all the referees because they were all friends of Jillian and himself.  “I wanted her to be surprised in front of her friends. I wanted her to be happy and feel comfortable,” he said. Aaron and Jillian have only been together for eight months. They met through Touch Football – Jillian is Aaron’s refereeing coach!The couple, from south-east Victoria, has already decided that they will be married in November. “She told me two weeks ago that I had to buy the rings but I played dumb. I hid it and said I didn’t have enough money but I’d already bought the rings by then anyway so it was just a matter of hiding them to get up to Coffs Harbour from Victoria,” Aaron said.  Jillian said that neither of them was the authoritarian at home but Aaron admitted his soon-to-be wife kept him under control. Aaron said he was much more nervous about the proposal than officiating Australia’s best junior Touch Footballing talent. “She almost caught me this morning trying to get the ring into the bag. I was very nervous asking her. When I stood up my legs were shaking. You only get to do it once…hopefully!” The message about the happy couple’s engagement was spread around the stadium by Tony ‘The Blackest Cat’ Eltakchi on the PA system. Unfortunately Tony confused the message and ‘accidentally’ announced that TFA Game Development Officer and Level 6 Referee Glen Richardson was the one that had proposed.“A couple of the referees have just been engaged,” he said. “We believe one of the referees was Glen Richardson but we are not sure who the other guy is.” Jillian a Level 6, and Aaron a Level 4, are looking forward to continuing their involvement in the game in the future…may they have many happy “duals” in the future…last_img read more

9 months agoINSIDER: Arteta in Isco contact about Man City move

first_imgTagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say INSIDER: Arteta in Isco contact about Man City moveby Carlos Volcano9 months agoSend to a friendShare the loveManchester City boss Pep Guardiola is in contact with Real Madrid midfielder Isco, it has been revealed.Isco has found himself frozen out at Real by coach Santiago Solari and could be on the move this month.Okdiario’s chief pundit Eduardo Inda, speaking on El Chiringuito, has revealed Guardiola in now in talks with the midfielder – via a very close third party.He said, “Everyone knows that Guardiola loves Isco and 10 days ago, maybe less, a person of absolute confidence of the coach called Isco and asked if at this time he would be willing to take the step to go to the City. “The person who called him was Mikel Arteta.”However, despite his problems with Solari, Real are reluctant to sacrifice Isco midseason. last_img read more

Stephen A. Smith Bashes Curt Schilling, Challenges Him To A Debate

first_imgStephen A. Smith and Curt Schilling. Stephen A Smith ESPNESPN/SmithFormer Major League Baseball pitcher Curt Schilling was fired by ESPN last month after a series of controversial social media posts – and he’s made it clear that he isn’t exactly impressed with the network’s decision. One of his former coworkers isn’t exactly impressed with Schilling’s take on the whole matter.Stephen A. Smith, who is a lightning rod for controversy himself, took some shots at Schilling on the SiriusXM Mad Dog Radio show. He also challenged him to a debate regarding Schilling’s firing – noting that he’d need ESPN’s permission. Smith repeatedly mentions that Schilling’s unwillingness to listen to his employer is what lost him his job.“You (Schilling) want to sit here and have a debate about what really went on?” an indignant SAS asked. “Name the time and place and I’ll show up, with the permission of ESPN — of course. I guess listening to my boss makes me a bad guy. Well guess what? I’d rather be bad than stupid.”“I can’t stand people who worked for ESPN that depart from ESPN clearly harboring whatever bitterness they harbor and try to throw talent under the bus — like talent has something to do with them being gone,” Smith said on SXM. “I have nothing to do with it.”“Let me speak up on behalf of ESPN when I say this to Curt Schilling: …You are gone not because you have conservative views instead of liberal views. Your ass is gone because you did not want to listen,” Smith said on SXM. “ESPN tells me to shut-up, they’re my employer whether I like it or not. If I want to keep my job, I’ve got to shut the hell up.”Smith is clearly playing the company man card, for whatever it’s worth. It’s an interesting take from someone who has gotten himself in trouble with his employer before.Either way, we’d love to see this debate. We doubt it’ll ever come to fruition, however.[NY Daily News]last_img read more

16yearold girl crashes stolen SUV into yard and gets arrested in Grande

first_imgGRANDE PRAIRIE, A.B. – A 16-year-old girl is facing at least one charge after allegedly crashing a stolen SUV into a yard over the weekend.On Sunday at approximately 2:30 a.m., Mounties in Grande Prairie responded to a report of an SUV driving erratically in the area of Landing Drive.Upon arrival, officers discovered the vehicle had crashed into a residential yard, and that the home’s residents had taken the vehicle’s keys away from the female driver before police arrived. Police uncovered that the vehicle had been reported stolen earlier in the week, and the driver was arrested without incident.The 16-year-old, whose identity cannot be revealed under the terms of the Youth Criminal Justice Act, is facing a charge of possession of property obtained by crime and will appear in court in Grande Prairie on September 24th.last_img read more

NEATs Learn to Can Series

first_imgFORT ST. JOHN, B.C. – The Northern Environmental Action Team has brought back their canning and preserving sessions they share are designed for beginner and novice canners.With three different hands-on workshops, there is something to learn about canning, fermenting and pressure canning. Learn to CanCovers the basics of water bath canning and provides a broad overview of safe methods perfect for beginner or novice canners. $40 Tuesday, August 27th, 2019 – 6:30 pm – 9:30 pm at the Calvary Baptist ChurchLearn to FermentCovers the basics of the fermenting process including science and safety. This class is perfect for those that have never fermented or have been experimenting and would like to learn more. $35Thursday, September 12th, 2019 and Tuesday, September 17th, 2019, 6:30 pm – 9:30 pm at the Calvary Baptist ChurchLearn to Pressure CanThis class builds on the Learn to Can and specifically focuses on pressure canning. You will learn how to safely and confidently can low acid items like soup stock and meat. While Learn to Can is not a prerequisite, it is recommended that participants have a basic knowledge/experience of canning. Thursday, September 26th, 2019, 6:30 pm – 9:30 pm at the Calvary Baptist Church To view the FB event page to select the session you would like to attend and purchase tickets; CLICK HERElast_img read more

Cancer survivor delivers baby via IVF

first_imgKolkata: A 30-year-old woman, who was detected with cancer in 2015 and had undergone a surgery that led to the removal of her right side ovary, recently delivered a girl at a city hospital.The woman, a resident of Chandannagore in Hooghly, was newly-married when she was detected with the disease. She had a harrowing time when she came to know about it. Her desire to be a mother was almost shattered till she consulted Dr Biswajyoti Guha, a city-based doctor, who instilled confidence in her and helped her to conceive the baby. Also Read – Centuries-old Durga Pujas continue to be hit among revellersIn 2015, the patient had an oophorectomy on the right side ovary under the treatment of Dr AP Majumder, a renowned oncology surgeon, who is no more. At that time, the woman had undergone chemotherapy and Dr Majumder had requested Dr Guha to take necessary measures to ensure the woman conceived and became a mother. The woman has been under Dr Biswajyoti Guha’s treatment for a long time and conceived twice. However, both the times, she suffered miscarriages during initial weeks of pregnancy. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaAfter she suffered miscarriages, Dr Guha referred her to Dr Kaushiki Roy, who gave her necessary advice and guidelines. After a prolonged effort, she became pregnant through IVF treatment. Her health condition was also not stable and this was the major concern of the doctors, who had been treating her. According to Dr Guha, the patient had developed gestational diabetes and obstetric cholestasis during pregnancy. The doctors had taken all kinds of preventive measures to ensure that the woman delivers the baby without any complications. A few days ago, the woman gave birth to a baby girl with the help of a team of doctors— surgeons Dr Biswajyoti Guha , Dr Satyen Das, Dr Aparupa Ghosh , neonatologist Dr Runa Majumdar , anaestesist Dr Shamik Nandi and Dr Avik.last_img read more

TMC to release election manifesto on March 26

first_imgKolkata: Trinamool Congress is likely to release its Lok Sabha election manifesto on March 26.The manifesto will not only focus on Bengal but will have a national perspective stating the role TMC needs to play in constituting a new government at the Centre. Apart from English and Bengali, the manifesto is likely to be released in Hindi, Nepali, Santhali and few other languages too with the Trinamool Congress fielding as many as 24 candidates from Odisha, Jharkhand, Assam, Bihar and the Union Territory of Andaman and Nicobar Islands. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaThe manifesto is also likely to talk about the various developmental and social schemes undertaken by the Trinamool government since 2011. Schemes like “Kanyashree”, “Rupashree”, “Gitanjali” is likely to find a place in the manifesto. “It will lay emphasis on Bengal but with our party supremo emerging as a key figure in national politics, it may focus on the role of our party if the BJP is voted out of power and a new government is formed,” a senior party leader said on condition of anonymity. Also Read – Bengal civic volunteer dies in road mishap on national highwayThe manifesto is likely to raise the issue of various decisions taken by the Narendra Modi government in the last five years that have resulted in hardships and sufferings of the common people. It may be mentioned that Trinamool Congress chief Mamata Banerjee had slammed the Narendra Modi government at the Centre against its decision of note ban, implementation of GST and also against the saffron party’s politics of divisiveness and spread of hatred among the masses.last_img read more