There is some comfort to be derived from navel-gazing. South Africans’ almost obsessive contemplation of their own struggles and injustices provides a measure of insulation from a wider set of truths that are almost too horrible to contemplate.

To be fair, we have many reasons to be aggrieved: a lack of adequate growth, poor governance and widespread corruption have meant many of the worst of consequences of apartheid have yet to be addressed, and people are starting to question if they ever will be.

This is tragic on its own, but after reading Tim Cohen’s column (Help us continue our quest for top quality, July 17) I couldn’t help but draw comparisons between what has happened to the media in SA and what is happening or has already happened to so many other industries in the country. In short, the troubles on our front lawn often prevent us from dealing with the crisis in the neighbourhood. Cohen explained that when the JSE removed a requirement for listed companies to publish their full results and corporate actions in two national newspapers, it devastated the business press. Although a compromise was reached in that companies are still required to publish their results — but only in one newspaper and greatly truncated — the revenue stream that national business publications such as Business Day depended on dried up.All of this is true, and I can tell you first hand what the removal of these regulations did to our newsroom, but it is also only part of the story. A far more po...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.