Even More Borrowing! Eskom secures R1.5 Billion loan from French Development Agency, they are so deep in trouble, how on earth will they pay it back?

The utility’s Group Chief Executive, Phakamani Hadebe, said the multi-tranche loan facility will contribute to Eskom’s plans to strengthen and refurbish the transmission infrastructure.

Eskom and the Agence Française de Développement (AFD) have signed a R1.5 billion (EUR 90 million) loan agreement to support the electricity utility’s investments in extending and strengthening its power transmission grid along the west coast of South Africa.

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Xolani Gwala taking time off from 702 for medical reasons

Stephen Grootes will be filling in for 702 breakfast show host Xolani Gwala while the morning drive time presenter takes some time out from the station to deal with a medical issue. 702 listeners may have noticed that Gwala has already been off the air for a few weeks. In a voice message, played by […]
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Sanger open eersdaags biltong en koffie winkel.

Biltong en Bobby – hoe klink dit vir jou? Die sanger en The Voice SA-mentor, Bobby van Jaarsveld, gaan eersdaags sy eie biltong en koffie winkel open. Alhoewel hy nie veel oor die projek laat glip nie, skryf hy op sosiale media: “Hahhhahahahaha I KNOW…. 🙈 Tag someone who LOVES great Biltong and Coffee. Watch […]
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Taylor Swift Wins In Groping Trial Against Former DJ.

A jury in Denver awarded Taylor Swift a victory and symbolic $1 in damages after finding that former KYGO DJ David Mueller was guilty of groping her bare bottom during a meet-and-greet backstage at a 2013 concert. Swift alleged that Mueller groped her before a 2013 show at the Pepsi Center in Denver. Swift’s management […]
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Comcast To Lead In Radio Show With Spot Ad Discussion.

One of radio’s leading advertisers, Comcast Cable, will headline the 2017 Radio Show Advertiser Breakfast on Thurs. (Sept. 7) from 7:30am-9:00am. The event is sponsored by Katz Radio Group and will be held at the J.W. Marriott Austin during the 2017 Radio Show, Sept. 5-8. Kavita Vazirani, senior VP, Media Strategy & Sciences for Comcast […]
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After Fireworks, Taylor Swift Suit Begins In Earnest.

For Taylor Swift, this month is more about the hot seat than the Hot 100. The long-brewing legal feud between the pop star and former Denver radio morning man David Mueller at last got down to business Monday, Aug. 7, as the gavel fell on the high-profile trial expected to last two weeks. Jury selection […]
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Adams Radio Group Sued For Wrongful Termination.

A former HR department executive has sued Adams Radio Group and its New Mexico cluster for retaliation, discrimination and wrongful termination. The onetime exec claims she was targeted and fired as the only Hispanic in an all-white office. Brenda Rodriguez is charging that after complaining to a female supervisor about inappropriate behavior from the company’s […]
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Scripps Puts Focus On Acquisitions, Digital Growth In Q2.

At E.W. Scripps, television accounts for the bulk of revenue even though it owns about the same number of radio stations as TV. During its Thursday second quarter 2017 investor call, the company trained most of its focus on its acquisition this week of a new TV network asset, the shedding of its heritage comic […]
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Over 1,000 AMs Seek FM Translators During Filing Window.

Details of what was applied for during the just-closed FM translator filing period aren’t yet being made public by the Federal Communications Commission. But FCC chief Ajit Pai says demand for translators remains strong. “Over one thousand AM stations took advantage of it,” Pai announced on Thursday. He calls the window “another significant milestone” in […]
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Entercom’s Investment In DGital Media Totals $9.7M.

The size of Entercom’s investment into the world of podcasting has been revealed. According to a regulatory filing on Friday, Entercom says it paid $9.7 million to buy its 45% stake in the on-demand audio entertainment provider DGital Media. Entercom also tells investors that it has an option to buy DGital outright in 2021 under […]
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