By Paul Nyathi | Self confirmed all weather partner to presidential aspirant Alliance for People’s Agenda leader Dr Nkosana Moyo, businessman Trevor Ncube is reported to have sold his media venture Mail and Guardian.

Reports from South Africa indicate that Ncube has sold the highly popular media house to the Media Development Investment Fund (MDIF) has purchased a majority stake in M&G Limited.

Under the new deal, Ncube, the now-former publisher, will leave. The new ownership by MDIF, an American non-profit organisation, has drawn messages of encouragement from current editor-in-chief Khadija Patel.

The ZimEye.com sources from South Africa claim that Ncube has been failing to keep the paper viable leading to his sale of the venture.