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South Africa

Tue, 2009-06-30 14:07 — Valerie Arnould

Naspers, a multinational media group, owner of Media24, one of the leading publishing groups in Africa, today reported a 30% increase in revenue to 26.7 billion rand (3.4 billion US dollars or 2.4 billion euros) for its financial year ending 31 March 2009. The group EBITDA growth accelerated over this period, reaching 6 billion rand (550 million euros or 776 million US dollars) or +23% YoY (FY08 +15%).


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