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FT to stop printing in SA

Johannesburg - The UK business daily Financial Times (FT) will stop printing in South Africa mid-year, according to a report on Thursday.

FT spokeswoman Emily Gibbs told Business Day that the paper would close its print site at Caxton Publishing in Johannesburg on July 24.

A copy of a Financial Times newspaper is displayed for sale in a newsagent in central London. Credit: REUTERS

“The decision reflects the increasingly multi-channel media consumption habits of our readers, as well as our continued investment in producing premium, award-winning editorial content from around the globe,” she said.

Its print run in South Africa is about 1400 daily copies, including weekend editions. - Sapa

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