NEF fuels Power FM; bets for transformation, Ujuh.co.za – Ujuh
NEF fuels Power FM; bets for transformation, Ujuh.co.za – Ujuh
Power FM, the new Gauteng radio station scheduled to go on air this week, was funded by the National Empowerment Fund (NEF) to the tune of R36.2m, the NEF revealed at the weekend.
This participation by the NEF, whatever its proportion to the project’s total initial capital is, does up expectations with regards to the orientation of the new radio station. The people behind Power FM, mainly given Mukhari’s MSG Afrika Media, have promised that “the radio space will never be the same again” when they launch.
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