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The Daily placed in receivership

The Daily was placed in receivership by the commercial court on Wednesday. Visu too. “Despite the repeated efforts made within the various structures of the Chane Ki Chune Group, the Group’s press division has been experiencing a very difficult economic situation for several years in a context of the structurally declining print press market”, explains the director Carole Chane Ki Chune by way of a press release.

“The unprecedented health crisis and the economic impact on the daily press have contributed to significantly accelerating the deterioration of the financial balances of the structures of the press division”, she points out that the subsidiaries Run Presse (which distributes the newspaper) and Safi (which prints it) have been placed in backup at the same time.

“The request to initiate legal proceedings is an act of good management”, she still defends her claims before the commercial court. “It is done with the aim of continuing the activities of companies and preserving as many jobs as possible”.

For their part, it is necessarily with concern that employees are preparing for a restructuring. The next hearing before the Commercial Court will be held on September 9.


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