Publishing group Caxton more than doubled its headline earnings, growing its market share across the board as higher advertising spend boosted its newspaper business and its flagship newspaper, The Citizen, became profitable again.
“This is a commendable performance in the face of the decline in circulation revenue, which was offset by increased digital and advertising spend. The Citizen has managed to capture the dominant share in the legal advertising market and has proved to be popular among Gauteng readership mainly because of the impartial and excellent news coverage,” the company said on Friday in the results for the year to end-June...
I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just R10,000 i got R100,000 in 7days JamesAlderson0
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Caxton doubles headline earnings and grows market shareMore inserts from retailers, national advertising revenue growing 13% and that of local advertising jumping nearly one-tenth lifted Caxton’s local newspaper business
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E-platform workers see earnings eroded by high inflationJust six of the 13 digital labour platforms assessed by UCT can show that workers’ pay is at or above minimum wage
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