CIVICUS discusses the growing challenges of sustaining independent journalism in South Africa with Styli Charalambous, co-founder and CEO of Daily Maverick.

Independent media faces growing economic and political threats. Outlets such as the Daily Maverick work under intense pressure as disinformation spreads, governments mobilise hostility and attempt to interfere, and advertising spending prioritises social media. Despite this, Daily Maverick has become a model for innovative journalism, combining investigative reporting with new ways to fund its work and keep its content free and accessible to everyone.

What led you to co-found Daily Maverick and what was your vision?

I started in media almost by accident. I have a background in finance and was working in banking in London before returning to South Africa. A friend introduced me to Branko Brikic, who had founded Maverick Magazine, which later closed. When the idea for Daily Maverick came up, they needed someone with business experience to help with funding and strategy, so I joined in 2009.

It was a challenging time: South Africa’s political landscape was shifting, and the media industry was under severe economic and political pressure. Still, we had a clear vision: we wanted to build a media outlet that treated journalism as a public good, free and accessible to everyone, independent of corporate or government influence.

Events such as the Marikana massacre in 2012 clarified the role we needed to play. While official reports painted one picture, our team on the ground revealed the truth: striking miners were shot while fleeing or hiding from the police. That moment solidified our commitment to independent reporting, political analysis and public interest journalism.

What are the biggest challenges Daily Maverick faces today?

We face pressures on every front. Over time, we developed a hybrid model to sustain our work where we combine grant funding, equity, debt and support from our readers through voluntary memberships, but the economic landscape – particularly in the global south – is extremely difficult. The South African market is small and sustaining our vision that journalism should be free to everyone is a constant struggle.

Disinformation campaigns and ongoing online and offline threats pose another big challenge. This is particularly dangerous for women, who are often targeted with harassment and threats of sexual and physical violence.

As a result, there’s now a serious shortage of skilled staff, both journalists and business professionals. Since 2009, we estimate around 70 per cent of the media workforce has left the industry. We’ve lost an entire generation of journalists who opted for safer, better-paid corporate jobs. And those who stayed haven’t always had the training needed to meet the demands of modern media.

We also face political pressure. There have been moments of tension with the government, especially when we’ve exposed high-level corruption scandals. Our reporting on the influential Gupta family and state capture helped build public pressure that led to President Jacob Zuma’s resignation. During that time, we prepared for possible office raids and knew we were under surveillance. Some of our journalists’ homes were broken into by state security, although we fortunately didn’t experience any direct physical attacks.

The government can exert influence indirectly, through advertising, controlling access to public institutions and creating rival media outlets. For example, the Guptas set up the New Age newspaper to push their agenda. All these challenges combine to make it incredibly difficult to keep independent media alive.

What needs to be done to sustain independent media?

The challenge goes far beyond South Africa: it’s structural and global. Journalism is a public good, but the market can’t sustain it on its own. This is a market failure that only public policy can fix. Governments need to step in with subsidies, incentives and fair regulations that allow independent media to survive without compromising their integrity.

Working with the South African Government Communications Department, we’ve drafted 19 recommendations to help revitalise the sector, including support for investigative journalism, tax incentives for investors and a framework to make media financially sustainable. But while planning is easy, implementation is hard. If South Africa manages to put these ideas into practice, it could become a model for other countries on how to secure the future of independent journalism.

Why is a strong and independent media important for civil society?

Independent media informs people, protects public institutions and holds those in power accountable. Public interest journalism helps citizens make better decisions, have informed debates and participate meaningfully in democracy. It acts as both a watchdog and a guide dog for society. It also plans an important role of helping people connect in their communities.

Healthy democracies rely on a free press. Where press freedom is respected, civil society is stronger, institutions function better and people have access to accurate information. Without independent media, freedoms, human rights and justice are harder to defend. That’s why sustaining autonomous, well-funded and professional journalism matters—not just for journalists, but for society as a whole.

Styli spoke at this year’s Trust Conference, the Thomson Reuters Foundation’s annual flagship forum, on protecting press freedom in the AI era. Subscribe to the Trust Conference YouTube channel here and be the first to watch his conversation in full.