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e.tv's integrity 'non-negotiable' - executive

Johannesburg - The principles of editorial independence and integrity at South Africa's e.tv are "not up for negotiation," the chair of the private broadcaster's parent company said in an e-mail to staff on Tuesday.

"Apart from an ideological rejection of political interference, there are compelling business reasons never to allow this to happen," John Copelyn, the chair of Sabido Investments, said in the e-mail seen by Reuters.

READ: Golding ruling vindicates suspension - HCI

E.tv, South Africa's only private free-to-air network, is majority owned by Sabido, whose biggest shareholder is Hosken Consolidated Investments [JSE:HCI].

HCI suspended its executive chair Marcel Golding last week over alleged misconduct.

HCI has stakes in several large South African firms, including hotel and gaming group Tsogo Sun Holdings [JSE:TSH].

Golding is Hosken's second-largest shareholder with around 7% of the company, according to Thomson Reuters data.

On Monday e.tv boss Marcel Golding's urgent court application to have his suspension as chairperson of HCI overturned, was unsuccessful.

ALSO READ: e.tv boss application fails

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