Published 07 May 2020 by Adri Senekal de Wet

Executive Editor of Business Report.

CAPE TOWN – That the media landscape has changed over the past few years is one thing. The change we have seen in the past few weeks is another, entirely.

Change in this aeons-old industry started with the introduction of digital platforms and social media, then a steady decline in advertising revenue, circulation, along with a slew of new digital-first publications.

Venerable publishing groups and titles across the country have announced some form of aggravated difficulty in running their businesses over this time.

Last week, Associated Media Publishing (AMP), one of South Africa’s most well-known independent media houses, announced that the company will be closing up shop, permanently. AMP chief executive Julia Raphaely shared the news that the company, which was launched 38 years ago, would cease trading and publishing its magazines, including Cosmopolitan, House & Leisure and Women on Wheels, from May 1.

Joining their ranks this week, it is the turn of Caxton and CTP Publishers & Printers, who on Tuesday said it had decided, in principle, to close its magazine division.

Please read the full article here.

Published 05 May 2020 by Sizwe Dlamini

JSE-listed Premier Fishing has donated at least 200 food parcels to its seasonal workers, to help the workers and their families get through the tough Covid-19 period. Photo: Supplied/Premier Fishing

CAPE TOWN – JSE-listed Premier Fishing has donated at least 200 food parcels to its seasonal workers, to help them and their families get through the tough Covid-19 period.

The fishing company, which operates in fishing communities such as Saldanha, St Francis Bay, Gansbaai, Hout Bay and Cape Town, said the workers were those who had been unable to work as a result of the rapid spread of the coronavirus.

The country’s fishing industry received an exemption from the lockdown after being designated it as being vital to the domestic food industry the National Coronavirus Command Council.

Environment, Forestry, and Fisheries Minister Barbara Creecy said the council exempted the fisheries sector, as well as the harbour, fishing vessels, shipping and docking services from the lockdown conditions.

Please read the full article here.

Published 01 May 2020 by Dr Iqbal Survé

A worker passes through a sanitising booth at the entrance of a metal welding factory. The unusual circumstances we find ourselves in have already brought about a level of transformation hitherto unprecedented, but we are not done yet. Picture: Navesh Chitrakar/Reuters

Cape Town – May 1, International Workers Day, a day that in 2020 will be remembered worldwide for the millions not working, as much as for the recognition and celebration of essential workers performing in the face of Covid-19, and the shift in how we will work going forward.

The arrival of Covid-19 and the subsequent quarantining of productivity has been categorsed as a Black Swan event – highly unpredictable, and accompanied (according to Investopedia) by high levels of insistence that the signs were obvious (in hindsight of course). The point being that while some may have predicted its arrival, no-one actually prepared for it, not even “future-proofed” businesses, because how does one secure a business from a future no-one in actuality, saw coming?