April 16, 2014 10:51 PM ET


Company Overview of New Africa Investments Ltd.

Company Overview

New Africa Investments Ltd. is an investment holding company in South Africa. The company, through its subsidiaries, engages in media business, such as film and television, and radio. The company produces films and television programs. New Africa Investments Ltd. also broadcasts radio programs and involves in out-of-home advertising. The company was incorporated in 1993 and is based in Bryanston, South Africa. As of April 29, 2009, New Africa Investments Ltd. operates as a subsidiary of Primedia (Pty) Limited.

1st Floor

Fulham House

Hampton Park

20 Georgian Crescent

Bryanston,  2194

South Africa

Founded in 1993


27 11 463 1744


27 11 463 8233

Key Executives for New Africa Investments Ltd.

Financial Director
Compensation as of Fiscal Year 2013.

New Africa Investments Ltd. Key Developments

New Africa Investments Ltd. Announces Board Appointments

New Africa Investments Ltd. announced that Messrs T Fearnhead and R Shough have been appointed as independent non-executive directors of the company with effect from October 24, 2012.

New Africa Investments Ltd. Reports Audited Consolidated Earnings Results for the Year Ended June 30, 2012

New Africa Investments Ltd. reported audited consolidated earnings results for the year ended June 30, 2012. For the year, the company reported profit before taxation of ZAR 18,592,000 and profit attributable to owners of the company of ZAR 15,573,000 or 12.3 cents per basic and diluted share compared to profit before taxation of ZAR 15,526,000 and profit attributable to owners of the company of ZAR 15,209,000 or 12.0 cents per basic and diluted share reported a year ago. Net cash generated in operating activities was ZAR 14,060,000 compared to net cash utilised in operating activities of ZAR 2,878,000 reported a year ago.

New Africa Investments Ltd. Provides Earnings Guidance for the Year Ended June 30, 2012

New Africa Investments Ltd. provided earnings guidance for the year ended June 30, 2012. For the year, the group expects headline earnings per share will be between 185% to 200% higher when compared with the corresponding period in 2011, primarily due to the increase in income received from the associate, Kaya FM and interest received from SARS relating to a tax refund. The company expects headline earnings per share is in the range of 9.4 – 9.9 cents.

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