02/08/2026
PARAGON INTERNATIONAL NEWS EARNINGS PLUNGE TO P10.00 A MONTH AS AGENCY FIGHTS FOR SURVIVAL
GABORONE โ Paragon International News has recorded one of the most challenging financial periods in its history after generating just US$0.84 (approximately P10.00) in revenue over the past 30 days, according to the agency's Editor In Chief, Pako Ramasukujane.
The Botswana founded international news agency, which maintains editorial operations in Pakistan, India, South Africa, Nigeria and Namibia, is now operating with what its leadership describes as a "skeleton operation" following a prolonged financial downturn.
Speaking on the agency's current state, Ramasukujane said the financial crisis has severely affected the organisation's ability to support its reporters and correspondents despite its extensive international readership.
ยซ"For the past 30 days, Paragon International News generated only US$0.84, which is approximately P10.00. It is a painful reality for an organisation that reaches millions of readers every month, but we remain determined to rebuild."ยป
He said the agency's financial decline can largely be traced to legal battles that weakened its operational capacity and continue to affect its recovery.
ยซ"The legal battles we faced in previous years delivered the hardest blow to this organisation. Those challenges disrupted our growth, drained our resources and their effects are still being felt today."ยป
Founded in Botswana as a youth driven media organisation, Paragon International News previously created opportunities for young journalists across several countries. However, the worsening financial situation has forced the organisation to scale back some of its international and local operations.
ยซ"We have had to withdraw from some countries and local areas because we simply cannot sustain those operations under the current financial circumstances. These are difficult decisions, but they are necessary for our survival."ยป
Despite the financial strain, the agency says it continues to attract more than 10 million readers every month across 33 countries, demonstrating that audience growth has remained strong even as revenue has declined.
Ramasukujane said the organisation remains committed to expanding projects that could strengthen its long term sustainability.
ยซ"Our readership continues to grow, proving that people value our journalism. The challenge is converting that audience into sustainable revenue. We are not giving up."ยป
The Editor In Chief added that the agency is continuing to invest in strategic initiatives including Paragon Africa 30, Paragon Connect and Paragon FM, with the latter accounting for the US$0.84 generated during the past month.
ยซ"Even with almost no income, we continue building the future. Paragon Africa 30, Paragon Connect and Paragon FM are investments in the next chapter of this organisation. We believe our best days are still ahead."ยป
Paragon International News says its immediate focus is rebuilding its financial position, restoring editorial capacity and securing new revenue streams to support independent journalism while maintaining its presence across international markets.