MQA is good for South Africa

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Agaton Sax

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Yes it really is. Meridian has been struggling for a long time and MQA is widely seen as its potential saviour. Charles Hansen on Audio Asylum  posted a Wikipedia link to Meridian. From there:

In 2007 just under 50% of the company's shareholding was sold to the Muse Group, a consortium of the Swiss-based luxury goods group Richemont and U.S. film company New Regency. Muse is now a majority shareholder and is 100 percent owned by Reinet Investments, a sister company of Richemont.
 

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