Johannesburg - The proposed acquisition by media and entertainment group Avusa [JSE:AVU] of a Durban-based printing company will dilute existing holdings of shareholders by 16.6%, Avusa has disclosed ...

Former CEO of Avusa, Prakash Desai bailed (or was pushed) out of the media company that owns Sunday Times a week ago with loads of loot. Avusa-owned title Business Live said the CEO, who is well known ...

The proposed restructuring of Avusa is expected to result in a significant decline in Mvelaphanda Holdings’ stake in the group and also result in the media company having a much broader shareholder ...

Why will Avusa insist on doing such silly things? Why not just give the enterprising young Michelle Solomon the 2008 report on the Sunday Times she sought? She wouldn't have been able to do much with ...

Changes to pension fund rules that allow funds to hold up to 10 percent of their assets in private equity investments will not make it any easier for Kagiso Fund Managers (KFM) or Cadiz Asset ...

The Mvelaphanda Group (slash Blackstar Group) faces a hurdle in its bid to take full control of Avusa. This comes in the form of opposition from the Public Investment Corporation, which owns 17% of ...

Mvelaphanda Group plans to trim Avusa's 15-member board to about eight to nine people and to curb wasteful expenditure if it succeeds with its estimated R3bn cash and share offer for the remaining 79% ...

No job cuts are expected if Mvelphanda Group succeeds with its cash and share offer for the remaining 79% it does not own of media and entertainment group Avusa‚ interim CEO of Mvela‚ Andrew Bonamour‚ ...

The AGM of media group Avusa was marked by the surprise resignation of its chairperson, Advocate Dumisa Ntsebeza, on Monday. Business Day reported on Tuesday that Avusa’s chief executive Prakash Desai ...

Whilst the Avusa (JSE:AVU) results mirror the recessionary environment, the business declared an increased dividend. Advertising revenues were 17% lower than the prior year for Avusa with the ...

Media and entertainment group Avusa on Thursday (21 June) reported diluted headline earnings per share of 111 cents for the year ended March 2012, down 36% from a year ago’s 174 cents per share.