Cape Town, South Africa 390.
(photo credit: Thinkstock/Imagebank)
South Africa’s only Jewish newspaper on Friday denied rumors it might have to
close because of financial troubles.
The weekly Jewish Report admitted in
its editorial that it had difficulties balancing its budget of late but rejected
claims that it might go under.
“The Jewish Report
is not closing down,”
it declared. “We are aware of rumors going around about the paper’s impending
demise. They are not true.”
The paper said a precipitous drop in
advertising had taken a toll on its revenues, forcing it to make significant
“Articles are shorter and crisper and space constraints mean we
cannot cover as much as we would like to,” it said. “But we still mirror the
Jewish world’s diversity well.”
The paper said its mission of providing
community news to South Africa’s roughly 70,000 Jews was imperative and that its
board of directors remained deeply committed to its continued
It also announced plans to revamp its website, which currently
displays the paper in basic PDF format, in order to reach readers
overseas.The Jewish Report
was founded 13 years ago and is published in
Johannesburg, where the majority of South Africa’s Jews live.
mirror those of many other Jewish newspapers around the world that have lost
advertisers, which used to be their main source of income, to the
The newspaper could not be reached for comment on Sunday.