Sekunjalo makes bid to buy Sapa

Published Aug 26, 2014

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Sekunjalo Investment Holdings had made a bid to acquire the news agency operations of the SA Press Association (Sapa) in order to form a new company with participation by other media houses, its chairman announced yesterday.

“We intend to take Sapa into territory we understand very well, and intend to make it part of the wider African growth story. Apart from continuing the Sapa traditions of quality local content, the plan will be to expand the operation to become a major provider of content and other news services covering Africa,” Sekunjalo chairman Dr Iqbal Survé said. – Sapa

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