Today's Labour News

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ANN7TimesLive reports that Mzwanele ‘Jimmy’ Manyi was reportedly laughed at during his first meeting with employees of ANN7 and The New Age on Thursday.  

Sowetan was apparently told that Manyi seemed embarrassed when an employee asked him where he got the R450-million to buy the two media entities from the Gupta family.  "He [said] his company has been saving money and has investments.  We just laughed because we know the truth," the employee said.  The employee and her colleagues were not satisfied with Manyi's explanation.  Manyi's acquisition of the two media entities has been questioned in many quarters, with the EFF saying the purchase was nothing more than fronting for the Guptas.  Manyi was also asked how, without experience, he would manage the two media companies.  "He told us about his employment history.  He said he worked at Government Communication and Information Systems for years."  The employees present disagreed with Manyi when he told them that they had been under good management.

  • Read this report by Ngwako Modjadji in full at TimesLive
  • Read too, Gupta media staff cynical as Manyi takes over the reins, at SowetanLive

Get other news reports at the SA Labour News home page