South Africa: Staff to Buy Stake in Independent Newspapers
Posted: 7/26/2012 | By: BusinessLive.co.za
Staff at Independent Newspapers are establishing a workers’ trust in order to buy at least 25% of the local operations, a trustee said on Thursday.
“There is a great deal of support among staff for the idea,” said Cape Times editor Alide Dasnois, one of the three provisional trustees.
“There is a great deal of support among staff for the idea,” said Cape Times editor Alide Dasnois, one of the three provisional trustees.