Ster-Kinekor will remain open despite being placed under business rescue

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

COVID-19 has had a dire impact on the entertainment industry, with lockdown regulations limiting the operation of movie houses.

JOHANNESBURG - Movie outlet Ster-Kinekor on Friday said its doors would remain open despite being placed in business rescue.It said the continued lack of content for the next four to five months meant that the business was heading for further operational and cash flow challenges.

In a statement on Friday evening, the company said up until February 2020, Ster-Kinekor welcomed millions of movie goers every year to their cinemas.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I still can't believe that real account manager exist I am so happy trading with Mrs lisa_broklyn never took her serious cos I taught he was a scam like others ,until my first withdrawal of r55k within just one week of trading! I am so grateful to lisa lisa_broklyn

Not surprised. Movies have become prohibitive for the general folk. R 500 or so for a family of 4 including popcorn etc.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines