Operations
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Key Region: South Africa
Publishing
In Cape Town, the Group publishes a daily “red-top” mass market tabloid, Daily Voice, and mainstream titles in the morning (the Cape Times), the afternoon (the Cape Argus) and over weekends (the Weekend Argus Saturday and the Weekend Argus Sunday) as well as weekly community newspapers.
The Group’s flagship title, The Star, is published in Gauteng along with the Saturday Star in Johannesburg, the Pretoria News (which includes a weekend edition) in Pretoria and the Diamond Fields Advertiser in Kimberley. The Gauteng operation also publishes the Sunday Independent nationally and holds a 25% interest in 12 free/community newspapers in Pretoria.
In Kwazulu Natal, the Group publishes the Daily News, The Mercury, the Post, the Independent on Saturday, the Sunday Tribune, a daily and Sunday Isolezwe and has a 33% interest in a number of free/community newspapers which are distributed in and around Durban. Isolezwe ngeSonto celebrated its first anniversary in March and, having exceeded launch expectations, is making a good contribution to the operation's overall trading performance.
The wholly-owned magazine division, Condé Nast Independent Magazines, has performed well in the difficult 2009 trading environment, with Condé Nast House & Garden continuing to be number one in the South African home décor market. Glamour remains the second largest selling fashion and beauty magazine in South Africa and is the largest profit contributor in the division.
- No. 1 Newspaper Publisher
- Leading Community Newspapers
- No. 1 Decor & Lifestyle Magazine
- No. 2 Fashion & Beauty Magazine
Online
The Online operation was successfully integrated into the Publishing division from 1 January 2009 in order to better leverage the Group’s content and maximise efficiencies. The iol.co.za, portal is one of South Africa’s leading news, current affairs and classified sites and it, together with the Group’s individual newspaper titles and other niche sites, now comfortably delivers over two million unique visitors per month.
South Africa’s largest property website, iolproperty.co.za, established during 2008, is the leader in terms of both search capability and houses for sale and to let, with over 230,000 homes listed on the site.
In July 2009, ioljobs.co.za, was launched and has already become the second biggest website after news. Utilising world-class matching technology this site already attracts 200,000 users per month, has 70,000 registered candidates with full resumés and lists 11,000 job advertisements.
- No. 2 News Portal
- No. 1 Property Website