1997

1997

  • Kaya FM and Wholly owned subsidiary Tepco Petroleum was established
  • Sales of Emthonjeni Publishers and entertainment and leisure business Moribo
  • Acquisition of 30% stake in Nasou and Via Afrika, Naspers’ education business
  • Shareholding in SA Express reduced, allowing SAA to become controlling shareholder
  • Merger of Citizens Bank with Future Bank and Bophutatswana Building Society
  • Strategic decision to capitalise the business is made and strategic minority shareholders are introduced