Radio Africa: Rumoured shareholder change is fake news

Radio Africa, the parent company of Classic105 has noted with concern the efforts by digital terrorists spreading fake news about a change in the company’s shareholding.

“The majority shareholding in Radio Africa has not changed for the past twenty years nor is Radio Africa in discussion with anyone to offload a majority stake,” said the company in a statement issued on Sunday.

The company said it will continue to provide aggressive, principled and impartial journalism, which has become its hallmark for the past 20 years.

“Media businesses the world over make clear political choices. The Sun in the UK famously supported the Conservative party. The venerable New York Times in the US has a long history of endorsing political candidates at election time.

“In the past 20 years, Radio Africa has elected not to exercise that right as a corporate citizen at any election. We report the political intrigues in the countries we operate in daily. We stand apart from it,” the statement said.

“We are committed to supporting a good-for-business government, which respects freedom of the press and total fidelity to Kenya’s Constitution and the rule of law.”

Radio Africa’s relentless journalism has made many politicians uncomfortable in the past.

“It will not be any different in the future—we will be relentlessly committed to the truth and indisputable facts,” the statement added.

In 2014, Time Media, a major South African media business, acquired 49 per cent of Radio Africa.

The group later changed its name to Tiso Blackstar. Last year, Tiso Blackstar agreed to sell its South African and African media investment interests (in Kenya, Ghana and Nigeria) to Lebashe Investment Group, another South Africa investment fund and black empowerment group.

The sale of South African media assets was successfully concluded. The sale of the African assets was not consummated thereafter.

The company’s radio stations in Kenya continue to be the most listened to in Nairobi. Approximately one in two of the city’s 5 million residents choose Radio Africa stations according to independent research.

Radio Jambo has emerged as the most influential radio station in Kenya, according to some media surveys.

Radio Africa and its affiliates operate in Kenya, Uganda and Nigeria, where they operate leading radio stations.

 

Radio Africa signs exclusive deal to air EPL matches LIVE and FREE!

Tune your radio to Classic105 because this is it! Radio Africa Group has signed an exclusive three-year agreement to bring live English Premier League audio commentary to fans in Kenya for the next three seasons.

Together with the world’s biggest sports radio station, UK-based talkSPORT, Radio Africa will air matches starting with the remainder of the 2016/17 season. These will be available in English on Classic105.

Patrick Quarcoo, Radio Africa CEO, said on Wednesday, “We are excited to be appointed as talkSPORT’s exclusive broadcast licensee for the English Premier League in Kenya. Now our listeners can access the game whether at home, the office and in their cars on Kenya’s top radio stations.”

“We also plan to deliver the commentaries direct to all mobile phones in Kenya so if you are not near a radio you can still stream the matches of your favorite team in English and Swahili,” he added.

Jimmy Buckland, international director talkSPORT, said: “We’re really excited to bring the passion and excitement of the English Premier League to Kenyan fans through this partnership with Radio Africa Group.”

“Radio has a unique ability to convey all the live drama of a 90-minute football match, and listeners in Kenya can now experience this via talkSPORT’s unique commentary and expert insight”.

talkSPORT

Premier League fans in Kenya will be able to listen to official, live commentary of the EPL in English and Swahili, bringing to life one of the world’s most momentous sporting events for listeners in the country more than ever before.

As global audio partner of the Premier League, talkSPORT controls an exclusive package of international audio rights that allows the station to broadcast official live commentary of all 380 matches in any language to listeners around the world, outside of the UK and Republic of Ireland. The station has the rights until 2019.

Bamba sport which also dedicated to promoting local sport recently signed a deal with Football Kenya Federation to bring live NSL matches every weekend, and also airs two episodes of weekly analysis and preview of the lower tier league.