Sadness and shock as Ndalo Media prepares to shut down

05 April 2017. For the first time in its 21-year history in South Africa, the 71-year-old Elle media brand will be published by a 100% black-owned media company. Khanyi Dhlomo, owner of Ndalo Media, announced on Tuesday morning that the media company has secured the South African licences for the Elle and Elle Decoration media brands. The licence covers print, digital, events and other related brand extensions and was awarded by the brand’s French owner, Paris-based Lagardère Active.Picture: Moeletsi Mabe/Sunday Times.

Johannesburg- The media company that produces Destiny, Destiny Men and Elle magazines will be closing its doors in January 2019, and Mzansi is heartbroken.

SowetanLIVE has reported that staff at Ndalo Media have not been paid their salaries for November and unfortunately it does it seem they will be paid their salaries for December in the near future.

The company is owned by Khanyi Dhlomo, who has long experience in the media industry, and the business has been struggling since 2016.

Ndalo Media allegedly owes CTP Printers more than R13m for work done since 2016.

In an audio recording, allegedly sent by Dhlomo to SowteanLIVE, she said,  “Given just where we are and the various conversations we’ve had, I’ve decided to close down this company effective as of January 31 next year [2019].”

Many on social media shared their disappointment at the news and the fall of a company deemed to project black excellence.

Photo credit- TimesLIVE- file photo

Be the first to comment

Leave a Reply

Your email address will not be published.