The
Rand Daily Mail was founded in 1902 by businessman Harry Cohen and managed by editor Edgar Wallace. Cohen purchased the linotype machines and printing presses for the newspaper from Emmanuel Mendelssohn, equipment from the defunct ''The Standard and Diggers' News''. Extravagant operational expenses by Wallace almost bankrupted the newspaper and Cohen had to step in to limited spending. Bailey leased the paper out to three people, George H. Kingswell, who became the general manager, Ralph Ward Jackson its editor and A. V. Lindbergh its distributor as
CNA chairman. 1968 saw Syfrets, the company managing the Bailey's interest, and other shareholders sell 65% of the shares in SAAN to the Argus Group. In 1981, the Argus Group was the largest single shareholder in SAAN, with 39.39%. The group also included the
Financial Mail. The company became Times Media Limited in 1987, which later became Johnnic Publishing and finally, from 20 November 2007, Avusa Media Limited. In 2013, the name was changed back to Times Media Limited. ==References==