MAVERICK LIFE OP-ED: Of outliers, wild cards and till point ka-chings: A look at the South African book business during the pandemic

The coronavirus has torn across the books world like a tornado: that is to say, it’s been selectively destructive. Where the tornado has hit, the landscape is a portrait of devastation; where it has missed, the bruising and cratering of the surrounding infrastructure has taken its toll, but the core businesses survive. So far.

The answer, dear readers, is blowing through the sales figures of our major book retailers. But before we get to the hard numbers, a word about our market’s outliers and wild cards. By contrast, if you’re a mid-sized independent publisher with a predominantly South African list and are reliant on print sales for viability, you’re going to struggle. That’s the case with Jacana Media, a courageous outlier publisher for almost two decades, which has launched a crowdfunding campaign to stay in business.

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BUSINESS MAVERICK: Life after the pandemic: Kumba approves R7bn mine expansion projectEven amid the Covid-19 pandemic and global economic turbulence, companies are allocating capital to expansion projects. Kumba Iron Ore, a unit of Anglo American, has announced approval of funding for its R7-billion Kapstevel South project at the Kolomela mine in the Northern Cape province. This underscores Anglo’s commitment to South Africa.
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