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South Africa’s biggest cinema company Ster-Kinekor Theatres recently completed its section 189 processes and CEO Mark Sardi says that the company is ready to bring the joy of the big screen back to moviegoers.
The company concluded the section 189 and restructuring process at the end of May.
“At Ster-Kinekor’s head office, we have reduced headcount and costs by around 20 to 25%, which is appropriate, given the current economic environment and size of the organisation. We have started to redistribute the workflow among the existing staff complement.
“We initially assessed that