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The South African Broadcasting Corporation (SABC) and Multichoice noted with regret an exaggerated and shrewd newspaper article titled, ‘SABC could face R100m penalty’ published today on Business day.


The SABC and MultiChoice view this report as a major fraud as the article carries false details that the newspaper deem fit to be a credible story. It is appalling that the report says that the SABC has until Thursday, 03 October 2013 to launch its entertainment channel and this is not true.


There is an existing agreement between Multichoice and the SABC that clearly outlines each party’s contractual obligations, and the contract does not have any clause or provision where it is indicated that SABC will pay R100m if the SABC entertainment channel is not launched by Thursday. The contract does have time frames in which the SABC should launch, and that time has not lapsed as yet and it is imperative to note that the parties are at liberty to discuss further if there is a need to do so. At present the parties are discussing the details of the content that has to be carried on the entertainment channel. The final date of the launch will be announced once the discussions are complete.


Despite MultiChoice’s comment that they are fine with ‘delays’ if there were any, the publication still  continues with an alarming article even though the facts speaks for themselves.


It is in the interest of the SABC and Multichoice to present to the public good quality programming as opposed to that is rushed and of bad quality.


[Source: SABC]

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Top Trader returns – bigger and better with season 2

Posted by radio On September - 30 - 2013 ADD COMMENTS

CNBC Africa, the continent’s largest finance and business television network, will premiere season two of its hit reality-competition television series, ‘TOP TRADER’, with eight contestants competing for a cash prize of R250 000! With its premier on Wednesday, 2 October at 9:30pm CAT, the series will conclude after 9 weeks with a one –hour long LIVE finale on 27 November 2013.  


In the first episode, the contestants and viewers will be introduced to two high profile industry experts who will be mentoring the contestants throughout the competition. They are: Gerhard Lampen, Head of Sanlam iTrade and Ian Cruickshanks, independent markets analyst. Guest mentors who will join them later in the series are Nerina Visser, head of Beta Solutions at Nedbank Capital, David Shapiro of Sasfin, and Warrick Selzer of Wealth Skills.


‘Top Trader 2013’ is bigger and better than the previous year. The drama and conflict between the differing personalities is amped up a notch in true reality style to attract an entirely new audience to CNBC Africa. This season is not only fun to watch, but also highly informative. The contestants will learn about different elements of trading which include risk analysis, technical analysis and more.  The competition is all about trading shares on the JSE Top 100, and the contestants will each have to manage a R1,000,000 virtual portfolio.


Contestants range in age from 19 to 41. They are: Mbuso Mehlomakulu; Tsholofelo Mojakgotle; Jason Goldstein; Johannes Malan; Xolile Mnisi; Ori Shushan; Colbert Chipotereke; Pule Moabi. Find out more about the contestants, the mentors and behind the scenes moments, by visiting the Top Trader website . The interactive element will be much stronger this year. The Mentor lectures will be short inserts in the on air episodes, but the full lectures will be posted on the website. So if you want to learn about the markets and get the same information as the Contestants, this is your opportunity.


[Issued by: CNBC Africa]




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SABC response to Open View HD announcement

Posted by radio On September - 22 - 2013 ADD COMMENTS

The South African Broadcasting Corporation (SABC) categorically refutes a statement made by the newly launched satellite television service, Open view HD where they claim that they will carry SABC television channels 1, 2 and 3 on their bouquet.


The SABC acknowledges the growing digital television broadcasting environment in the country, however the Open View HD pronouncement that SABC television channels will form part of their bouquet is not true, as the public service broadcaster does not have any agreement with the newly launched satellite television service.  


The public service broadcaster views this matter in a serious light, as the said satellite provider is misleading the public. It is imperative to note that the SABC and signal distributer SENTECH have reached an agreement to have SABC channels on a free-to-air basis on the SENTECH Universal Access Direct To Home satellite (DTH-S) platform by the end of September 2013. The corporation therefore appeals to Open View HD not to confuse the public, with false advertising of their services.


Mr. Hlaudi Motsoeneng, SABC Acting Chief Operations Officer (ACOO) said “As the SABC we are willing to give an ear to all possibilities that will see the public service broadcaster grow and change the lives of all South Africans, however we will not allow anyone to use the SABC’s name falsely to advance their business interest.” The SABC appeals to Open View HD to withdraw its statements and pronouncements immediately.  


The SABC reserves all its rights in this regard.


[Issued by: SABC]

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Southern African business game-changers applauded

Posted by radio On September - 21 - 2013 ADD COMMENTS

The epic achievements of Southern Africa’s most iconic business players were celebrated at the Johnnie Walker Blue Label CNBC Africa All Africa Business Leaders Awards, in a glittering ceremony that took place at Johannesburg’s Sandton Convention Centre on the 19th of September.


The third and final regional round of the Johnnie Walker Blue Label CNBC Africa All Africa Business Leaders Awards, the Southern African ceremony celebrated the visionary businesspeople whose dynamism shaped the region’s business landscape in 2013. CNBC Africa will broadcast the ceremony on the network on 30th September at 10pm CAT.


The Entrepreneur of the Year category commended the indomitable spirit of Francis Grogan, the CEO of Zambeef, one of the largest integrated agri-businesses in Zambia. The two finalists also competing for the title included Jay Ramnundlall, the CEO of PC Training and Business College, and the Chairman of Regenesys Business School, Dr. Marko Saravanja.


The Young Business Leader of the Year category applauded dynamic game-changer, Rob Stokes, the CEO of Quirk, one of the fastest growing companies in the social media and digital marketing field. The category’s other contender was Ceaser Siwale, the CEO of Pangaea Holdings Limited.


Mizinga Melu took the title of Business Woman of the Year in the Southern African round, for her pioneering work as the CEO and Managing Director of National Bank of Commerce, Tanzania. Sylvia Banda, Managing Director and Owner of Sylva Food Solutions was this category’s other nominee.


First National Bank’s CEO, Michael Jordaan, was lauded as the Southern African Business Leader of the Year. The category’s runners-up were Roland Sassoon, CEO of Sasfin, and Francis Grogan of Zambeef.


The Southern Africa Lifetime Achievement Award honoured iconic business innovator, Dr. Richard Maponya, for his unparalleled contributions to African business as an entrepreneur, property developer and retail maverick.


Johnnie Walker Blue Label is proud to present Africa’s most prestigious business awards, which pay homage to those who continue to enhance Africa’s prominence on the global business stage, and consistently embody the revolutionary spirit of Johnnie Walker.


The Southern African winners of the Johnnie Walker Blue Label Africa All Africa Business Leaders Awards will now walk on to the finale to be hosted by Durban’s Inkosi Albert Luthuli International Convention Centre, on the 8th of November, where all regional finalists from the Western, Eastern and Southern African rounds will compete for the ultimate business accolade in their respected fields.

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Forbes Woman Africa to launch 1 October

Posted by radio On September - 16 - 2013 ADD COMMENTS

ABN Publishing will launch the highly anticipated Forbes Women Africa with the first issue available on shelf beginning October 2013.


This new monthly magazine is a pan-African publication that will navigate the world of business for women, with features on the latest trends in the corporate sector and how its architecture speaks to women. The magazine will profile the trailblazers, game changers and pioneers among the women involved in business, the economy of Africa and the world. In line with this, the magazine will also feature the wealthy, powerful and influential women in business whose impact is felt long after they have come and gone.


“Forbes Woman Africa follows the success of Forbes Africa,” says Founder and Vice Chairman of the ABN Group, Rakesh Wahi. “There are so many stories of success on the African continent that we will never be able to do justice to all the woman making a difference in the corporate world, which is the principal reason why I took the decision to have a separate magazine for women. We are looking forward to making this the most sought after business magazine for women on the continent,” says Wahi.


“We are excited about this new magazine which will provide a platform for amazing women in Africa doing extraordinary work, be it in the economy, business, politics, art and culture.  Forbes Woman Africa is a niche product sorely needed in the African market,” says Editor of Forbes Woman Africa, Karima Brown.

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Black owned and managed investment holding company, Kagiso Tiso Holdings (“KTH”), made an announcement on Tuesday of its Firm Intention to purchase the remaining shares in Kagiso Media Limited (“KML”) that it does not already own.  KTH currently owns 51.1% of KML.


KTH has strong roots in the South African investment landscape and was created through a merger between Kagiso Trust Investments and Tiso Group in July 2011. This combination represented a significant transformation milestone in corporate South Africa.  The company has a net asset value of approximately R9bn and in addition to media, also has exposure to other key sectors in the economy ranging from power, insurance and financial services to health.  


Once approved, the KML buy-out will become a significant milestone for transformation on the South African landscape.  

Through this transaction KTH is offering minority shareholders a cum dividend cash consideration of R28.50 per share, which represents a 34.5% premium to the 30day VWAP prior to KML’s cautionary announcement on 10 June 2013.  Shareholders of KML will be voting on the transaction at a special general meeting to be held within 60 days of this announcement. The deal will be subject to regulatory approvals.


Vuyisa Nkonyeni, CEO of KTH says, “KML has always been a key investment and we aim to build on its success. This transaction forms part of the broader KTH investment strategy and also contributes positively to the transformation of a key sector of the economy.”

Subsequent to attaining shareholder and regulatory approvals, KTH plans to delist KML from the JSE Limited.  KTH regards the transaction as an opportunity to align the KML strategy with that of KTH.  


[Issued by: Kagiso Tiso Holdings]

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SABC1 embraces Spring with a hot breakfast show

Posted by radio On September - 6 - 2013 ADD COMMENTS

2013 Weekends will never taste the same again with the introduction of Mzansi’s hottest Breakfast Television Show for young Mzansians only on SABC1 Mzansi Fo Sho!sabc1

Mzansi Insider S3 will broadcast live for an hour – every Saturday and Sunday at 09h00 – starting from 07 September 2013.  

The breakfast show promises to be fast-paced, topical, exciting, entertaining and informative and will cover everything from Entertainment News to Health issues.


“We are very excited about Mzansi Insider coming back for the 3rd season with a twist, an innovative weekend breakfast show for the youth of South Africa. In responding to our audience behavior pattern, weekend breakfast was an offering we have been not catered for until now, we have revamped the Mzansi Insider to fill this gap in TV viewing,” says Dichaba Phalatse – SABC 1 Portfolio Marketing Manager: Entertainment.


Mzansi Insider S3 is studio-based and anchored by 2 young and dynamic hosts: Tsholofelo Maseko (former Seskhona presenter and also played acting roles on Intersexions 2 and Single Guys) and Katleho Sinivasan (former presenter on YOTV and Play Your Part S2).


Each episode of the show is divided into the following segments:
Saturday Segments
will include the following: Entertainment News (latest from the world of Fashion & Entertainment); Music videos; Stand-up comedy & movie reviews; Life Advice on a variety of issues and a segment focusing on young film makers.   

Sunday Segments
of the show will comprise the following: Motivational Speakers sharing tips on better living; Music Videos (the best of local and international gospel and R&B hits); Profiles on young Mzansians making an impact in their worlds; Dance Inspired exercise routines; Doctor’s Response to viewer health questions and covering interesting news related issues.


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Supersport bags another set of sports rights

Posted by radio On September - 6 - 2013 ADD COMMENTS

SuperSport International has concluded a five-year exclusive broadcast deal with the Basketball National League (BNL), South Africa’s new professional basketball league.


In a first for the sport in South Africa, SuperSport will be broadcast partner to the premier men’s league, giving the sport the impetus to harness the sport’s growing popularity.


Matches will be broadcast live, primarily on SuperSport Select (ch 229), and across all platforms, including mobile and online, throughout Sub-Saharan Africa.


Eleven franchises make up the league, which will be played on a north-south conference system starting on September 27. “This is an exciting time for basketball in our country,” said Albert Mokoena, chairman of the Basketball National League.


“For the first time, basketball will have a truly national premier league giving our top players the opportunity to excel and to compete with the best that Africa has to offer. This will set the stage for basketball to become a major player in sport in our country.”


During the first year, venues in Johannesburg and Durban will be used.


The Northern Conference will include the following teams: Egoli Magic, North West Goodfellas, Soweto Panthers, Mbombela Wildcats, Polokwane Trailblazers and the Tshwane Suns.


The Southern Conference will include: Cape Mountaineers, Kimberley Diamonds, PE Wind Breakers, Free State Golden Warriors and KZN Marlins.


The league will begin with a round-robin section before advancing to cross-conference quarterfinals, semifinals and the final on December 6.


Said Mokoena: “With SuperSport as our partners and our national league having the endorsement of the Ministry of Sport and Recreation, Sascoc and Basketball SA, our players can look forward to a league where the emphasis will be on a high-quality game combined with entertainment that appeals to the youth.”


SuperSport’s Brandon Foot, Head of Acquisitions and Legal, said that the partnership was a natural development following the recent broadcast deal with the internationally-renowned NBA.


“There is no question that the sport has a captive market. Basketballers now have an avenue for their skills and we couldn’t be happier to be part of this renewal of the local game. We look forward to a strong association.”


Sascoc President Gideon Sam described the broadcast partnership as a major boost for a sport that has hitherto not been regarded as one of the major codes in the country.


“Basketball is now setting the benchmark for other codes that do not have access to television to the extent that they would like to have. I am now more confident than before that basketball will put its past behind them and focus on growing the game throughout the country. Sascoc supports this development and wants to encourage corporates to get behind the league.”


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Now its Mzansi Bioskop

Posted by radio On September - 6 - 2013 ADD COMMENTS

Mzansi Magic, M-Net’s powerhouse proudly South African brand, is rewriting local television history yet again. On Tuesday 10 September 2013, Mzansi Magic will add the country’s very first full-blown local movie channel, Mzansi Bioskop, to its existing popular offering on DStv.


Mzansi Bioskop, which will occupy channel 164 on DStv, will bring unprecedented movie magic to a broad audience. It will be available to DStv customers who get their daily fix of television entertainment on the DStv Access, Family, Compact, Extra and Premium packages.


“We all want to see stories from our own backyard about our own people – Mzansi Bioskop will give our customers access to these stories. And at the same time, we support the local film and production industry. It is a win-win situation that gives our customers even more great local entertainment,” said Collins Khumalo, CEO of MultiChoice South Africa.


According to Yolisa Phale, Director: M-Net Local Interest Channels, this new channel is a milestone development for both the brand and local filmmaking in general. “This groundbreaking 24/7 original movie channel was born out of viewers’ love of the Lokshin Bioskop films on our channels, but it’s also testament of our commitment to boost the local movie industry like never before. While it will give Mzansi’s film makers the opportunity to showcase their work on another platform, it will also inspire new talent to tell their stories. Mzansi Bioskop will assist to take South African storytelling to the next level.”


Mzansi Bioskop will revolve around films that reflect the day-to-day reality of the people of Mzansi. Many of these feature films have been hot hits in bustling make-shift bioscopes in townships across the country and others were made especially for the Mzansi Magic audience. Viewers can look forward to fascinating stories such as Who Made Me Pregnant; 2020 Orlando East; Blame It On Love; The Khumalos and countless other films that have delighted DStv audiences recently.


David Kau‘s Taxi Ride will also be one of the big first attractions on the channel.


“More good news is that even many more Lokshin Bioskop movies are currently in the making and within the foreseeable future our audiences will be able to enjoy at least 150 brand-new films under the Mzansi Bioskop banner. This will be the home of new film content made by new producers,” Phahle adds.

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Johannesburg- The South African Broadcasting Corporation (SABC) and signal distributer SENTECH, have reached an agreement to have SABC channels on a free-to-air basis on the SENTECH Universal Access Direct To Home satellite (DTH-S) platform by the end of September 2013.


The agreement will see the SABC providing SABC 1, 2 and 3 as well as SABC News, which is currently airing on Multichoice Platform DStv, while SENTECH will manage the distribution channel for the DTH-S set-top boxes, which will be required for access to the services. The SABC will also add an additional two channels to this platform as soon as they are ready.


To-date, 1.7 million households in South Africa do not receive television services because there are no terrestrial television networks in their area. This translates to approximately 5 million people without access. The Universal Access DTH-S platform is particularly created to enable reception of broadcasting services, and in particular, public broadcasting services, to areas where there is no access to normal terrestrial services. The inclusion of the SABC channels on this platform will ensure that more people have an opportunity to receive SABC services.



The launch of these services will also respond to the concern that the public service channel (SABC News) that is on the DStv pay television platform, should be available to the public.


It is also important to note that this launch does not replace Digital Terrestrial Television (DTT) that will be launched later, but it is intended to supplement it. SABC 1, 2, 3 and SABC News will be available on DTH-S, DTT and the pay television.


The SABC’s Acting Chief Operations Officer (ACOO), Mr. Hlaudi Motsoeneng said “As the SABC our primary focus is to create universal access for all South African citizens, in line with our mandate as a public service broadcaster. The launch of SABC services on the DTH-S platform will help us further this objective and provide a service to the public of South Africa. In addition to the 4.5 million subscribers on the DStv platform, the SABC News channel will now also be available to 1.7 million households, which is in access of 5 million viewers, who have previously not been able to receive any SABC television services on a free-to-air basis”. SENTECH’s Chief Operating Officer (COO) Mr Kganki Matabane said, “SENTECH and the SABC share a common public service mandate to ensure that all public broadcasting services are available to all South African citizens”.


Mr Matabane further stated that, “We are quite excited to confirm that SABC services will be available on the Universal Access DTH-S platform; it is even more pleasing to note that the 24 Hour News channel will be available to all citizens on a free-to-air basis as well”.


SABC Group CEO (GCEO) Ms. Lulama Mokhobo, together with the CEO of SENTECH Dr. Setumo Mohapi will launch the services at a date to be announced by no later than the end of September 2013.


[Issued by : SABC]




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