Multichoice is burning

MrR

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Aug 22, 2013
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There's a lifetime of history in that building. I hope they can investigate and catch those that did this crime.
 

Binary_Bark

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There's a lifetime of history in that building. I hope they can investigate and catch those that did this crime.
Yes and give them half a case of Bell's because they did not do a proper job
 

Creag

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However, a City of Joburg emergency services spokesperson stated that “waterproofing repairs on the roof of the media solutions building” might be the cause of the fire.

Therefore, this was some negligent contractor. The irony of using flame to waterproof.

The number of significant and large fires I have seen in insurance that are directly related to roofing contractors is frightening. And not always are they of the professional sort either. In one case, they employed a lad who knew how to do the work; he was welding on the roof directly above drums of flammable liquid below on the warehouse floor. As the advert says, what could go wrong :rolleyes:
 

SauRoNZA

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Thats just a re-run/repeat I saw that fire about two years ago on channel 192

You joke but the exact same scenario played out in front of the Naspers building in Cape Town about 10 years ago.
 

SauRoNZA

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Considering the massive fire and destruction of Paarl Print a few years ago this actually isn’t uncommon to Naspers at all.
 

Lupus

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Technically on paper I guess not, but at the end of the day still all the same people in charge.
Nope, it's unbundled, Naspers hasn't got anything to do with Multichoice any longer.
 

Lupus

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And you want to tell me the same shareholders don’t their fingers in all the same pies?
Who knows but they aren't on the board and Naspers isn't putting any money into the place. Had a friend who worked there, he's now in the middle East but he was there during the split and it was a pretty clean break by the looks of it.
 

ThinkCentre

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I thought the title of the article ment that they are getting much better!
 
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NarrowBandFtw

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Feb 1, 2008
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And you want to tell me the same shareholders don’t their fingers in all the same pies?
Each Naspers shareholder was allocated a Multichoice share for every Naspers share they held at the time. In addition large portions of shares were allocated to specific groups for BBBEE purposes for example and most likely a chunk remained with Naspers.


TL;DR yeah it is still the same shareholders, Naspers is ruthless though, they don't have qualms with severing a failing business model, imo that's exactly what they prepared for here
 

kianm

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So did this mess up any part of the broadcasts / transmissions that customers immediately felt?
 
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