Mapi Mhlangu to leave eNCA

eNCA’s Editor-in-Chief Mapi Mhlangu is leaving the station after eight years. The decision is by mutual agreement and takes place with immediate effect.

For a number of months Mapi has juggled the onerous demands of the job along with the workload of her MBA. The tension between these two commitments was raised a couple of months ago leading to a difficult decision for both parties.
Mapi leaves the eNCA operation having overseen the implementation of a number of changes including a complete restructuring of the news output and input protocols; the redesign and construction of three new broadcast sets; the appointment of a number of new key staff; the up-weighting of the channel’s international coverage; launching three new shows (CrimeWatch; Madam Speaker and Almost News with Chester Missing); and a complete revamp of the station’s weekend line-up. The result of these changes has maintained and entrenched eNCA’s position as South Africa’s most watched news channel.

Notes Khalik Sherrif CEO of eMedia Investments, “The company acknowledges Mapi’s contribution and would like to thank her for her unwavering loyalty to our newsroom and the huge part she has played in its success. We believe the time is right ahead of the election period to make this change, allowing the existing management team a chance to focus and prepare for 2019.”

Mapi says, “I leave eNCA in a strong position as SA’s television news leader but this is the right time for me to leave and hand over the reins. I’ve enjoyed the myriad challenges I’ve dealt with during my leadership tenure and know that I leave the operation in safe hands. My only wish is that eNCA continues reporting the news fearlessly and without favour; continues to set the agenda and ask tough questions South Africans deserve answers to.”

In the interim current Editor-at-Large and senior anchor Jeremy Maggs will head the newsroom supported by the senior editorial management team: Ragani Achary (Head of Input); Jody Jacobs (Head of Output) and Sally Burdett (Story Editor and Head of Anchors.) Jeremy will be curtailing his on air duties to accommodate his new role.
Says Jeremy, “I’d like to pay tribute to Mapi’s exemplary leadership. Under her guidance she has cemented eNCA’s position as the first source of television news in South Africa. I look forward to leading the station into 2019 and through the election. We have an extraordinarily strong product; a dedicated and talented team of over 500 people who collectively work tirelessly to bring news and analysis to South Africa in the fairest and most impartial manner.”

Johannesburg
28 November 2018

Khalik Sherrif appointed to eMedia Holdings board

In accordance with Section 3.59 of the JSE Limited Listings requirements, eMedia Holdings shareholders are advised that the following change has been made to the composition of the eMedia Holdings Board of Directors:

Mr K Sherrif has been appointed as an executive director of eMedia Holdings as of 13 November 2018.

Khalik has a range of academic qualifications including an MBA and has worked in the media industry for more than 25 years.  He is the most experienced television executive within eMedia Holdings, having been with the Group for more than 15 years and has been responsible for revenue and the success of the company’s dynamic sales team.  Khalik’s extensive knowledge of the changing South African media industry will continue to be of immense value as he takes over the reins as Chief Executive Officer.

Johannesburg
14 November 2018
Sponsor:  Investec Bank Limited

Notice of General Meeting – 6 December 2018

NOTICE IS HEREBY GIVEN that a general meeting of the company will be held on Thursday 06 December 2018 at 10:00 at the registered offices of Hosken Consolidated Investments Limited, Suite 801, 76 Regent Road, Sea Point, 8005. Registration will start at 9h30.

This document is available in English only. The proceedings at the meeting will be conducted in English.

GENERAL INSTRUCTIONS AND INFORMATION

The board of directors of the company (“the board”) determined, in accordance with section 59 of the Companies Act, 71 of 2008, as amended (“the Act”), that the record date for the purpose of determining when persons must be recorded as shareholders in the securities register of the company in order to be entitled to receive notice of the general meeting is Friday, 26 October 2018. The board determined that the record date for purposes of determining which shareholders of the company are entitled to participate in and vote at the general meeting is Friday, 30 November 2018. Accordingly, only shareholders who are registered in the securities register of the company on Friday, 30 November 2018 will be entitled to participate in and vote at the general meeting.

All shareholders are encouraged to attend, speak and vote at the general meeting and are entitled to appoint a proxy to attend, speak and vote at the meeting in place of the shareholder. The proxy duly appointed to act on behalf of a shareholder, need not also be a shareholder of the company. In order to facilitate proceedings at the general meeting, shareholders intending to appoint a proxy are requested to do so as soon as is reasonably practical.

If you hold certificated shares (i.e. you have not dematerialised your shares in the company) or are registered as an “own name” dematerialised shareholder (i.e. you have specifically instructed your Central Securities Depository Participant (“CSDP”) to hold your shares in your own name on the company’s sub-register), then:

• you may attend and vote at the general meeting; alternatively;
• you may appoint one or more proxies (who need not be shareholders of the company) to represent you at the general meeting by completing the attached form of proxy and returning it to the office of the transfer secretaries (Computershare Investor Services (Pty) Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank 2196 (PO Box 61051, Marshalltown, 2017), to be received by no later than 10:00 on Wednesday, 05 December 2018 for administrative purposes, or delivering such form by hand thereafter to the Company Secretary. Before the proxy exercises any rights of the shareholder at the meeting; and/or
• you may participate in the general meeting by way of electronic participation as stipulated in this notice.

Please note that the company intends to make provision for shareholders of the company, or their proxies, to participate in the general meeting by way of video conference in Johannesburg. Should you wish to participate in the general meeting by way of video conference as aforesaid, you are required to give notice of such proposed participation to the company at its registered office or at the office of the transfer secretaries by no later than 10:00 on Wednesday, 05 December 2018. In order for the notice to be valid, it must be accompanied by the following:

• if the shareholder is an individual, a certified copy of his identity document and/or passport;
• if the shareholder is not an individual, a certified copy of the resolution adopted by the relevant entity authorising the representative to represent the shareholder at the general meeting and a certified copy of the authorised representative’s identity document and/or passport;
• a valid e-mail address and/or facsimile number for the purpose of receiving details of the video conference facility that will be made available.

Upon receipt of the aforesaid notice and documents, the company shall use its reasonable endeavors to notify you of the relevant details of the video conference facilities available in Johannesburg at which you can participate in the general meeting by way of electronic communication.

Please note that if you own dematerialised shares (i.e. have replaced the paper share certificates representing the shares with electronic records of ownership under the JSE Limited’s electronic settlement system, Share Transactions Totally Electronic {“STRATE”}) held through a CSDP or broker (or their nominee) and are not registered as an “own name dematerialised shareholder”, then you are not a registered shareholder of the company, your CSDP or broker (or their nominee) would be. Accordingly, in these circumstances, subject to the mandate between yourself and your CSDP or broker, as the case may be:

• if you wish to participate in the general meeting (either being physically present at the meeting or by way of electronic participation), you must contact your CSDP or broker, as the case may be,
and obtain the relevant letter of representation from it; alternatively
• if you are unable to attend the general meeting but wish to be represented at the meeting, you must contact your CSDP or broker, as the case may be, and furnish it with your voting instructions in respect of the general meeting and / or request it to appoint a proxy. You must not complete the attached form of proxy. The instructions must be provided in accordance with the mandate between yourself and your CSDP or broker, as the case may be, within the time period required by your CSDP or broker, as the case may be.

CSDPs, brokers or their nominees, as the case may be, recorded in the company’s sub-register as holders of dematerialised shares held on behalf of an investor/beneficial owner in terms of STRATE should, when authorised in terms of their mandate or instructed to do so by the person on behalf of whom they hold dematerialised shares, vote by either appointing a duly authorised representative to attend and vote at the general meeting or by completing the attached form of proxy in accordance with the instructions thereon and returning it to the office of the company’s transfer secretaries (Computershare Investor Services (Pty) Limited, 15 Biermann Avenue, Rosebank 2196 (PO Box 61051, Marshalltown, 2017) to be received by 10:00 on Wednesday, 05 December 2018 for administrative purposes, or delivering such form by hand thereafter to the Company Secretary, before the proxy exercises any rights of the shareholder at the meeting. In order to facilitate proceedings at the general meeting, shareholders intending to appoint a proxy are requested to do so as soon as is reasonably practical.

In accordance with section 63(1) of the Act, participants at the general meeting will be required to provide proof of identification to the reasonable satisfaction of the chairperson of the general meeting and must accordingly provide a copy of their identity document, passport or driver’s licence at the general meeting for verification.

Shareholders of the company that are companies, that wish to participate in the general meeting, may authorise any person to act as its representative at the general meeting.

VOTING AT THE GENERAL MEETING

On a poll, shareholders of ordinary shares of no par value are entitled to 100 votes per ordinary share and the holders of N-ordinary shares of no par value are entitled to one vote per N-ordinary share present in person (or by way of electronic participation) or represented by proxy at the general meeting and shall be entitled to one vote per ordinary share held by such shareholder.

Unless otherwise specifically provided in this notice of general meeting, for any of the ordinary resolutions to be adopted, 50% of the voting rights plus 1 vote exercised on each such ordinary resolution must be exercised in favor thereof. For any special resolutions to be adopted, at least 75% of the voting rights exercised on each special resolution must be exercised in favor thereof.

1. Special resolution number 1: Shareholders’ general authorisation of financial assistance
“Resolved that, to the extent required by sections 44 and 45 of the Act, the board of directors of the Company may, subject to compliance with the requirements of the Company’s MOI and the Act, each as presently constituted and as amended from time to time, authorise the Company to provide direct or indirect financial assistance by way of a loan, guarantee, the provision of security or otherwise, to;

1.1. any person for the purpose of, or in connection with, the subscription of any option, or any securities, issued or to be issued by the Company or a related or inter-related company, or for the purchase of any securities of the Company or a related or inter-related company; and/or

1.2. any of its present or future subsidiaries and/or any other company or corporation that is or becomes related to or inter-related with the Company for any purpose or in connection with any matter; and/or

1.3. any of the present or future directors or prescribed officers (or any person related to any of them or to any company or entity related or inter-related to any of them), or to any other person who is or may be a participant in any of the HCI employee share scheme, current or future employee share plans or other incentive schemes, or any share scheme trust or other entity facilitating any such scheme, for the purpose of, or in connection with, the subscription for any option, or any securities, issued or to be issued by the company or a related or inter-related company or entity or for the purchase of any securities of the company or a related or inter-related company, where such financial assistance is provided in terms of any such plan or scheme that does not constitute an employee share scheme that satisfies the requirements of section 97 of the Act.

The financial assistance may be provided at any time during the period commencing on the date of the adoption of this resolution and ending 2 (two) years after such date.”

Explanatory Note

As part of the normal conduct of the business of the Company and its subsidiaries from time to time, the company, where necessary, provides financial assistance to its related and inter-related companies and entities (as contemplated in the Act) including the provision of guarantees and other forms of security to third parties which provide funding to the company’s subsidiaries, whether by way of loans, subscribing for shares (including preference shares) or otherwise. In the circumstances and in order to ensure that, among other things, the company and its subsidiaries and other related and inter-related companies and entities continue to have access to, and are able to appropriately structure their financing for purposes of funding their corporate and working capital requirements, it is necessary that the company obtains the approval of shareholders in terms of this special resolution number 1.

2. Ordinary Resolution number 1: Directors’ authority to implement company resolutions
“Resolved that each and every director of the company be and is hereby authorised to do all such things and sign all such documents as may be necessary for or incidental to the implementation of the resolutions passed at this meeting.”

By order of the Board

7 November 2018
Cape Town

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Resignation of the Chief Executive Officer

In accordance with Section 3.59 of the JSE Limited Listings requirements, eMedia Holdings shareholders are advised that the following changes have been made to the executive management of the Group and the eMedia Holdings Board of Directors:

Khalik Sherrif
Khalik Sherrif

Mr Andre van der Veen has announced his resignation from his position as Chief Executive Officer of the Company and of the Board of Directors with effective from the 30th November 2018.

Khalik Sherrif, current Deputy Chief Executive Officer, has been appointed to the position of Chief Executive Officer. Khalik has a range of academic qualifications including an MBA and has worked in the media industry for more than 25 years. He is the most experienced television executive within eMedia Holdings, having been with the Group for more than 15 years and has been responsible for revenue and the success of the company’s dynamic sales team. Khalik’s extensive knowledge of the changing South African media industry will continue to be of immense value as he takes over the reins from Andre.

The Board thanks Andre for his positive contribution to the Company over the past year and wishes him the very best in his future endeavours.

Johannesburg
28 August 2018

Notice of Annual General Meeting

Shareholders are advised that eMedia Holdings’ integrated annual report, incorporating the summarised reviewed results for the year ended 31 March 2018, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 23 May 2018.

Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2018 are available on the Company’s website (www.emediaholdings.co.za).

The integrated annual report contains a notice of Annual General Meeting for eMedia Holdings shareholders, which will be held at the offices of Hosken Consolidated Investments Limited, Suite 801, 76 Regent Road, Sea Point, 8005 on Monday, 22 October 2018 at 10h00. The record date for determining when shareholders must be recorded in the register to be entitled to participate in and vote at the AGM is Friday, 12 October 2018.

Johannesburg
27 July 2018

Yunis Shaik appointed non-executive director of eMedia Holdings

In accordance with Section 3.59 of the JSE Limited Listings requirements, eMedia Holdings
shareholders are advised that the following change has been made to the composition of the
eMedia Holdings Board of Directors:

Mr Yunis Shaik has been appointed as a non-executive director of eMedia Holdings as of 3
July 2018.

Yunis was appointed to the board of Hosken Consolidated Investments Limited as an
executive director in 2014. Prior to his appointment at HCI, Yunis was an attorney of the
High Court and served as an acting judge in the Labour Court. He is a former deputy general
secretary of the Southern African Clothing and Textile Workers Union and served as a senior
commissioner to the CCMA in KwaZulu Natal. He is a director of Deneb Investments,
Niveus Investments and Tsogo Sun Holdings. He is chairman of Hosken Passenger
Logistics and Rail.

The Group welcomes Mr Shaik and looks forward to his contribution.

4 July 2018
Cape Town

eMedia Investments launches second news channel: OpenNews and Afrikaans news bulletin

eMedia Investments, owner of e.tv and eNCA, will launch a second television news channel to be broadcast on its Openview platform. OpenNews will launch in the last quarter of 2018 and will have its own management, identity and look distinctively different from eNCA.

eMedia Investments Chief Executive Officer, André van der Veen says, “OpenNews will be broadcast out of the Cape Town studios, offering viewers an integrated news channel combining short format news, onscreen information and links with selected social media platforms like Twitter and Instagram, and a proprietary app. Openview viewers consume news differently from traditional news broadcasts”.

“eMedia Investments has the talent, knowledge and experience to launch South Africa’s first satellite free-to-air television news channel. OpenNews will be an independent news service, but hosts will be encouraged to ‘to take a view’ on regional, international, sports, entertainment and financial news.”

The line-up will also syndicate the recently launched entertainment programme, The Spotlight with Tanya Nefdt and two new current affairs shows – The Tim Modise Show, and The Fix with Karima Brown.

“Five years ago, eMedia Investments launched Openview to provide free satellite television to the South African television market. We have consistently expanded our content offering on the platform and the success of our recently launched channels, eBella and Kwesé Sports, has demonstrated that our audience is attractive and sought after by advertisers.

“The number of Openview set-top box activations has increased to over 1,2 million, and the latest audience research indicates that viewers want a local news channel on the platform. Given this, we decided to launch OpenNews,” says van der Veen.

The Company will also launch a two-hour block of Afrikaans programming on eExtra (available on Openview channel 105 and DStv channel 195). The block will include entertainment, current affairs programming and a news bulletin.   The programme mix is in the final stages of being finalized and the line-up will be announced in the next few weeks.

 

Released: 15 May 2018

eMedia Investments notes press statements by Multichoice

eMedia Investments, the parent company of eNCA and e.tv, notes with disappointment, the media release by Multichoice regarding its carriage agreement with ANN7. We have refrained from making any comment to date, but today’s statement by Multichoice requires clarification.

Multichoice CEO, Calvo Mawela revealed confidential contractual information relating to eMedia Investments’ agreement with Multichoice. eMedia Investments is contracted to provide five channels to DStv on a non-exclusive basis, the same basis as ANN7 provides its news channel to Multichoice. Furthermore, the provision of 24-hour news channel eNCA as well as Afrikaans news bulletins for kykNET are provided on an exclusive basis.

These services are incomparably more extensive than the ANN7 offering and attract substantially larger audiences on the DStv platform. eNCA delivers an independent, commercially viable news service, holding more than 50% of the news-watching audience. The total amount currently received from Multichoice for all of the services is significantly below the amount suggested by both the Multichoice statement and subsequent comments made in the Q&A session. The overstatement of the amount payable, to justify amounts paid in respect of ANN7, is distressing.

The suggestion made by Mr Mawela that questions have not been asked of the Multichoice agreement with eNCA is misplaced. The amount paid pursuant to an ordinary commercial contract such as eMedia’s is irrelevant when it comes to the issues facing Multichoice and their relationship with ANN7. That relationship, which has been ventilated in the media and the court of public opinion, details serious allegations of bribery, corruption and impropriety.

 

Released: 31 January 2018

 

eMedia Holdings announces appointment of Chief Executive Officer

André van der Veen, has been appointed Chief Executive Officer of eMedia Holdings. The company’s main asset is a controlling stake in eMedia Investments, which owns e.tv and eNCA.

Andre van der Veen
Andre van der Veen

Van der Veen says, “e.tv and eNCA are South African institutions which play a critical role in our society providing independent news coverage and entertainment to millions of people. These brands are loved and respected by South Africans and I look forward to working with the eMedia management team and the employees as we navigate the fast changing media landscape.”

Van der Veen takes over from Kevin Govender, who has led the company for the past 2 years in an acting capacity. Govender will remain on the eMedia Holdings board as a Non-Executive Director.

Khalik Sherrif, current Chief Commercial Officer, has been appointed to the position of Deputy Chief Executive Officer. Sherrif has a range of academic qualifications including an MBA and has worked in the media industry for more than 25 years. He is the most experienced television executive within eMedia Holdings, having been with the Group for 15 years. He has been responsible for revenue and the success of the company’s dynamic sales team. Sherrif’s extensive knowledge of the changing South African media industry will add value to the Group as he supports van der Veen in this new role.

Sherrif says, “These changes present a new opportunity in a new era for eMedia. I look forward to working with André and our management team, growing my portfolio beyond that of being only responsible for revenue. It will be challenging, but I hope all the more rewarding as media shifts and changes.”

The roles of Mark Rosin as Chief Operating Officer and Antonio Lee as Chief Financial Officer will remain unchanged.

The appointments are expected to be effective from 1 November 2017.

 

Released: 15 September 2017

Mapi Mhlangu: eNCA’s new Managing Director and Editor-in-Chief

eNCA is proud to announce the appointment of a new Managing Director and Editor-in-Chief,  Mapi Mhlangu.  Mhlangu assumes the helm of South Africa’s premier news channel, taking over from Anton Harber on 1 July 2017.

Mapi MhlanguMs. Mhlangu joined the channel in 2009 and has served in various capacities in the eMedia Investments organization, most recently as eNCA’s News Director. In that position she was principally responsible for all operations, editorial and technical.   She brings a wealth of experience at both the coalface and executive management levels of news production.

Mapi Mhlangu says, “I’m honoured to be entrusted with the responsibility of leading this news organisation and its talented employees at this critical time in South Africa and its newsrooms. There is a pressing need for news media to ensure that citizens are adequately informed, so as to engage the state and to ensure that the benefits of freedom re realised. South African viewers have consistently indicated that eNCA is their trusted source for independent news and analysis which is accurate and unbiased. I look forward to navigating through the challengs ahead with our dynamic team.”

eNCA thanks Anton Harber for his contribution to the channel and newsroom where he provided mentorship and nurtured news leaders within the organization.

Anton Harber says, “I hand over the reins with eNCA’s audience and advertising revenue strong and growing, and I think this provides a solid foundation for Mapi and the excellent newsroom team to build on. eNCA is a crucial South African institution, one of the cornerstones of independent journalism, and its role is going to be more important than ever in coming months. I am confident that Mapi is well placed to build on this.”

eMedia Investments Chief Operating Officer Mark Rosin says, “With 20 years of news media experience and almost a decade at eNCA, we have full confidence that eNCA will continue to thrive under Mapi’s editorial leadership.  In 2015, we spoke about the ongoing transformation of eNCA and its newsroom and Mapi’s appointment is testimony to that intention.”

eNCA will continue to provide journalism that is fair and free of favour, broadcasting the quality news programming which has made it the most watched 24 hour news channel in South Africa.

 

Released: 15 June 2017