The headquarters of Media 24, owned by intenet, entertainment and media group Naspers, in Cape Town, South Africa, May 11, 2015. Media24 is Africa’s largest publisher, printer, and distributor of magazines and books, and is also the continent’s largest newspaper publisher with around 3,000 employees across eight divisions. The company said it would shut down one other national paper, four community newspapers, and four national magazines while outsourcing the majority of its monthlies and halving the frequency. SEE ALSO: 3.5 per cent of Kenyans could not pay rent in May - reportIts 70-year-old Drum Magazine, one of Africa’s first Black lifestyle publications, will move online. The South African National Editors Forum said in June around 50,000 people employed in the printing sector could be affected by newspaper closures.

Source: Standard Digital July 09, 2020 13:41 UTC