The migration from analogue to digital television has had a toll on electronics group Ellies.
The group which makes TV brackets, terrestrial antennae and satellite dishes forecast that it’s unlikely to turn a profit for the next two years.
Ellies says government delays in implementing South Africa’s digital terrestrial television programme have also contributed to its challenges. Ellies also posted a pre-tax loss which was just R2-million short of the group’s profit.
Sales have not been enough to cover much of the fixed costs or to generate sufficient profit to sustain the business.
In other news – Scandal Fans are Tired of Thabo Malema aka Bohang and They Want Him Out
It seems that Thabo Malema is doing such a great job of portraying the character of Bohang on e.tv soapie Scandal that fans of the show are threatening to prohibit it until he exits.
Malema’s portrayal of the annoying, abusive and manipulative policeman is so on point that he is getting under people’s skins almost every single day. Learn more
Source: eNCA
