Media industry's cautionary tale - why Iqbal Surve want to end his Independent journey

Until his acquisition ten years ago of the South African assets of Irish Group Independent Media, Iqbal Survé was best known as the entrepreneur who had created the successful JSE-listed empowerment group Sekunjalo. Media ownership, however, has turned his reputation on its head. Even though Survé says the media business is only 3% of his group's assets, it delivers 99% of the reputational headaches. In this in-depth interview with Alec Hogg of BizNews, Survé gives his side of a story that has taken on a life of its own - explaining why he is ready to hand over the baton of South Africa's leading newspaper group. Learn more about your ad choices. Visit megaphone.fm/adchoices