Skip to content. | Skip to navigation

Sections
You are here: Home / News / EE Publishers Closing End of November

EE Publishers Closing End of November

Message to customers, suppliers, readers, staff and other stakeholders of EE Publishers (Pty) Ltd

Dear Stakeholders of EE Publishers

It is with sadness that I must advise that, after more than 25 years of business, EE Publishers will be closing at the end of November 2019.

There are a number of reasons for this, including:

  • The state of both the economy and the publishing sector in South Africa have impacted EE Publishers negatively as customers cut back on advertising and marketing activities.
  • The primary revenue of EE Publishers, namely advertising and marketing spend, is no longer adequate to ensure a sustainable traditional publishing business in its current form and structure.
  • The service of the SA Post Office is unreliable, and its prices continue to spiral upwards. Many readers are simply closing their post boxes and postal services. The cost of door-to-door magazine deliveries by alternative courier services is prohibitive.
  • In the meantime, readership preferences continue to shift away from print media towards electronic and social media, and this is expected to continue.
  • However electronic media advertising spend in South Africa is being significantly eroded by the global social media majors, and this is shifting local electronic media advertising spend offshore.

 

On 27 September 2019, EE Publishers commenced a Section 189 process of consultation and engagement with its staff and other parties in terms of the Labour Relations Act, to consider carefully all the options before making any decisions.

The outcome of this process is that after some 25 years of business, the shareholders and directors of EE Publishers have come to the decision to close the business of EE Publishers. Our final day of operation of will be the last working day of November 2019.

Discussions and engagements are still ongoing among the directors and staff of EE Publishers, and external parties, regarding the intellectual property and physical assets of EE Publishers, and it is hoped that the core activities of the company may continue in one form or another in 2020.

I would like to take this opportunity to thank the many stakeholders of EE Publishers, including customers, suppliers, readers, industry associations and especially the staff for the wonderful journey we have had over the last 25 years.

It has been a pleasure and an honour to be part of, and to serve, the energy, electricity, measurement, instrumentation, automation, lighting, ICT and geomatics sectors of South and Southern Africa.

I trust that others may take up the baton and continue this good work in some form or another in the years ahead, and I remain open to further engagements in this regard. Best wishes and kindest regards.

 

Chris Yelland

Managing Director

EE Publishers (Pty) Ltd

 EE Publishers Closing End of November

Read more ...
Document Actions
Add comment

You can add a comment by filling out the form below. Plain text formatting.

Info
You are not logged in. You may optionally enter your username and password below. If you don't enter anything, this comment will be posted as 'Anonymous User'.
(Required)
(Required)
(Required)
Enter the word

users.png

Log in


Forgot your password?