Browsing: Shenzen Media

Pay-TV operator Super 5 Media on Tuesday retrenched all of its remaining employees, more than 40 people in all, and is now facing the prospect of liquidation if it isn’t able to pay one of its biggest creditors by the end of the week. TechCentral, which last week broke the news of the problems at the company, has now learnt Super 5 Media is facing a claim of as much as R25m from Rothschild, an international investment advisory company.