Andy Gill, managing director of Tiso Blackstar, has confirmed that affected employees of Sunday World will be transferred to Fundudzi Media, but that the paper will continue to operate from Tiso Blackstar’s premises during the transition period.
David Mabilu, who owns Fundudzi Media, says, "We are excited about this great opportunity to play a role in shaping the future of the media landscape in South Africa, and to contribute towards the diversity of ownership, voices and perspectives that are important to our constitutional democracy. We plan to maintain the highest standards of quality and ethical journalism."
Mabilu says he has great plans for the paper which will be announced in due course. This includes the appointment of an editor to take the title to the next level.
"The paper’s readers and the public at large can look forward to more entertaining content and robust, quality journalism that is ethical, fair and balanced. We would like to assure our readers that their Sunday mornings will never be the same again. We would also like to thank Tiso Blackstar for entrusting us with the future of this great asset," concludes Mabilu.
The sale of Sunday World to Fundudzi Media is effective as of Sunday, 30 June.
For more information, visit www.tisoblackstar.com.