Johncom ends BEE talks

Media group Johnnic Communications, whose newspaper stable includes The Sowetan, said on Friday it had ended talks regarding the sale of shares to black investors. Last week, Johncom said it had entered into negotiations with potential BEE shareholders in its media unit, which includes the Nu-Metro cinema chain. - Staff Reporter

Media group Johnnic Communications, whose newspaper stable includes The Sowetan, said on Friday it had ended talks regarding the sale of shares to black investors. Last week, Johncom said it had entered into negotiations with potential BEE shareholders in its media unit, which includes the Nu-Metro cinema chain. - Staff Reporter

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