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Letter of Retraction

Posted by radio On June - 22 - 2012

Radiobiz regrets the error in publishing the article “Kagiso Media Rebrands to Grounded Media”. The article reported that Kagiso Media had changed its name to Grounded Media, mistaking the fact that Kagiso Media and Kagiso TV & Communication are in fact two separate companies.

The article intended to report that the former Kagiso TV & Communications now functions as “Grounded Media” and that the new name is simply part of a rebranding process. Grounded Media is an independent, integrated communications specialist with expertise in the social development sector.

Kagiso Media Limited (the company), is not under the process of rebranding. The company is a black-owned and managed investment holding company with interests in substantial media assets through its subsidiaries, joint ventures and associates.

On behalf of the organizations involved, Radiobiz humbly apologizes for the error and confusion, and emphasizes that the basis of the retraction is not based on fabrication, but on the confusion of reporting about two separate companies.

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