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Media Industry

Algoa fm e

Algoa FM

Media Industry

Algoa FM broadcasts from the Garden Route to the Wild Coast. The on-air product is lifestyle focused towards adults who enjoy good music, good living and indulge in quality life experiences.

In addition to good music; the station brings global, national and local news and gossip, sport, local traffic and weather extending across our footprint. We’ve been broadcasting in the Eastern Cape for over 27 years and in the Garden Route, including Knysna, George and Mossel Bay since December 2011.

The station is predominantly a music station, but includes many talk show features. Algoa FM, together with Free State’s OFM and radio sales house United Stations are part of the African Media Entertainment group (AME). Algoa FM broadcasts live from The Boardwalk in Summerstrand, Port Elizabeth.

 

 

 

 

Phuthuma nathi logo

Phuthuma Nathi

Media Industry
Naspers, in furtherance of its empowerment objectives, implemented a Broad-Based Black Economic Empowerment (“BEE”) ownership initiative in relation to MultiChoice South Africa (“MCSA”). The MCSA BEE transaction intended to result in the acquisition by qualifying Black Persons and Black Groups (“General Black Public” or “Black Participants”) of ordinary shares in the issued share capital of Phuthuma Nathi Investments Limited (“Phuthuma Nathi”), which will hold ordinary shares in the issued share capital of MultiChoice South Africa Holdings (Proprietary) Limited (“MCSA Holdings”), the holding company of MCSA (“the MCSA Empowerment Transaction”).

 

Phuthuma Nathi is a company whose sole objective is to hold ordinary shares in MCSA Holdings for the benefit of its shareholders, being the General Black Public. MCSA Holdings, an indirect wholly owned subsidiary of Naspers, has, as its only asset, 100% of the issued share capital of MCSA.

MCSA is South Africa’s premium pay-television and internet business. MCSA also has a 29,98% interest in M-Net/SuperSport and 100% in M-Web Holdings (Proprietary) Limited (“MWEB”).

MCSA operations:

MCSA provides premium television entertainment through its DStv bouquets to more than 1 million subscribers in South Africa. Operations include subscriber management services and digital satellite television platforms broadcasting over 70 video and over 60 audio channels.