Today's Labour News

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Sunday Tribune reports that the recent announcement of the closure of nine Ster -Kinekor cinemas across the country has been met with mixed reactions on social media. The cinema company will also be laying off 236 employees in the process.

Among the cinemas facing closures, three are in KwaZulu-Natal, five in Gauteng and one in the Western Cape. There are a couple of others that are also under review. The company explained that in recent months the business had suffered a significant decline in attendances. “This is largely as a result if a challenging economic environment, prolonged and more intense load shedding as well as the impact of the Hollywood actors’ and writers’ strike where content scheduled for 2023 and 2024 has been moved out to 2025,” it indicated in a statement. Most social media users were not concerned about the shutdown, saying that watching a movie at the cinema had become unaffordable for a household earning an average income.

  • Read the full original of the report in the above regard by Alyssia Birjalal at Sunday Tribune

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