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TOUGH TIMES: Radio Africa Group's Main Shareholder Sells Stake To Settle Debts

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Tiso Blackstar Group, the company that owns 49 per cent of Radio Africa, has sold its entire business to Lebashe Investment Group. The South African media firm with businesses in Ghana, Nigeria, and Kenya sold its investments to pay off debt. Tiso Blackstar acquired shares in Radio Africa Group in 2014 for Ksh 1.6 bil

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Tiso Blackstar Group, the company that owns 49 per cent of Radio Africa, has sold its entire business to Lebashe Investment Group. The South African media firm with businesses in Ghana, Nigeria, and Kenya sold its investments to pay off debt. Tiso Blackstar acquired shares in Radio Africa Group in 2014 for Ksh 1.6 bil

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