1. Presentation to Parliamentary Portfolio Committee 15 November 2011

3. www.mg.co.za In 1985 a little newspaper launched by Anton Harber and Irwin Manoim. A paper to give South Africa the news it was otherwise denied. This paper would go on to challenge the apartheid state’s draconian restrictions on the media, and somehow it would survive 26 years, and many awards later, the M&G is still going strong, exposing wrong doing in high places, providing readers with the sharpest political commentary in the land, great business coverage and the most acclaimed arts writing in South Africa The nature of such a paper is closely tied to the country it inhabits and reflects OUR UNCONVENTIONAL WISDOM PAPER NEWS

4. Our emergence as a stand alone weekly title coincided with the first state of emergency and introduction of stringent press regulations FOUR WAVES OF 1.Emergency: 1985 – 1990 DEVELOPMENT www.mg.co.za

5. South Africa becomes a real democracy. We transform into the Mail & Guardian and The Guardian of London becomes a majority shareholder FOUR WAVES OF 2. Reconstruction : 1991 – 1996 DEVELOPMENT www.mg.co.za

6. From Mail & Guardian London, to ownership by Trevor Ncube in 2002. He recognised that the M&G would need to evolve and develop to meet the challenges of the new era. Readers wanted quality-controlled, value-added content, so we focused on investigative, analytical, innovative and insightful content. And robust engagement FOUR WAVES OF 3. Transition : 1997 – 2004: DEVELOPMENT www.mg.co.za

7. We take our watchdog role very seriously and have developed an M&G constitution that upholds our values and daily governance. We are deeply invested in a changing South Africa and a changing world. We continue to lead robust debate. In the last decade, the internet and other electronic media has dramatically expanded our reach. FOUR WAVES OF 4. Growth: 2005 to present day: DEVELOPMENT www.mg.co.za

8. 8 We, the people of South Africa Recognise the injustice of the past; Honour those who suffered for our freedom; Respect those who have worked to build our country; and Believe that South Africa belongs to all who live in it. We therefore adopt this constitution to lay the foundations for a democratic society in which government is based on the will of the people. The M&G Constitution

9. 9 9 The M&G Constitution www.mg.co.za We, the Mail & Guardian, recognise the need for a free and fair press, independent of editorial interference in anyway, and pledge our allegiance to delivering the news, every minute, every hour, every day, every week.

10. Directors & Shareholding www.mg.co.za  Peter Vundla – Chairman  Trevor Ncube – Executive Deputy Chairman – 77.5% shareholder  Hoosain Karjieker – Chief Executive  Anastacia Martin – Publisher  Professor Nixon Kariithi – Independent Non Executive  Phibion Gwatidzo – Independent Non Executive  Jarek Gora – Representative of MDLF – 10% Shareholder  Sarah Davis – Representative of Guardian London – 10% shareholder

11. 11 Ownership and Control www.mg.co.za  Independent Board that adheres to good corporate governance, and whose role is designed by Company Law  Independent Board appoints the Management team that ensures the financial well being of the company  Board appoints the Editor whose responsibilities are governed by internal Editorial codes, policies and procedures.  The Editor is guaranteed independence in deciding content, and this is written into the Memorandum and Articles of the company.  The company subscribes to the self governing mechanisms in the industry and the office of the Press Ombudsman.

12. 12 Management Team www.mg.co.za  Hoosain Karjieker – Chief Executive  Anastacia Martin – Publisher  Nic Dawes – Editor  Charmeela Bagowatt – Managing Editor  Mike Ntsasa – Head of Advertising  Maliga Royappen – Head of Finance

13. 13 Skills Development www.mg.co.za Guardian Internship Programme in existence for 16 years Trains average of 4 journalists every year, 80% black Graduates include: Mondli Makhanya, - Avusa Editor in Chief Ferial Haffajee, - Editor City Press Phil Molefe, - Acting CE SABC Linda Rulashe – Acting Editor Sunday Sun Wally Mbhele – Editor Sunday World Mzi Malunga – MD of Business Day Financial Mail Thandeka Gqubule Musa Zondi Jubie Matlou

14. 14 Enterprise Development www.mg.co.za Acquired, invested in and developed a regional distribution network infrastructure across the country Invested in the expansion of The Teacher newspaper, a monthly education journal that reaches every school Launched the Mail & Guardian Centre for Investigative Journalism in 2009 that focuses on advocacy work, and training in addition to the core investigative journalism performed by the team.

15. 15 www.mg.co.za Committed to following the PMSA’s lead on Transformation of sector M&G subscribes to the PMSA who has adopted for the industry the B-BBEE Codes of Good Practice as the common transformation measurement and for goal setting. The DTI codes are a legislated document and print media’s communication on the benchmarking against them will be solid and consistent PMSA embarked on a transformation initiative, measuring transformation within its member collective from 2010, includes the M&G. M&G’s commitment to Transformation

16. 16 BEE Scorecard www.mg.co.za In terms of a study undertaken by BEE Online, M&G Media presents as a Level 5 BEE Contributor to broad based BEE with a score of 62.77 points. Ownership - 0 points Management Control – 11 points Employment Equity – 10.55 points Skills Development – 8.16 points Preferential Procurement – 13.06 points Enterprise Development – 15 points Socio-economic Development – 5 points

17. 17 THANK YOU