Khanyi Dhlomo company in a financial crisis

Khanyi Dhlomo company Ndalo Media is facing liquidation over a R13 million debt owed to printers.

A screengrab being circulated says that the employees will be paid on a later date due to the “company’s financial situation”.

The screen grab reads: “Good morning team. I had hoped to be in a position for us to release salaries today but unfortunately, this won’t be the case. Please work on 7 December as the latest release but I will endeavour to finalise the release earlier. I’m concurrently finalising the December salaries so that they are ready on or before 20 December as promised. As the business’ revenues are currently not at a level that covers even the basic costs, the salary process is a negotiation (compromised by recent media reports) and not a straight a straightforward order of business as it should be  and has been for the past 10 years.”

Khanyi is yet to make any remarks on the allegations.

Here is the post

https://www.instagram.com/p/BrPGSn-BqRn/