New Station To Hit The Airwaves As Others Expand Coverage

source: Mmegi

The National Broadcasting Board (NBB) on Friday confirmed that it had granted offers to three bidders for national commercial radio stations, eliciting excitement on the broadcasting terrain.

If the three bidders, Yarona FM, Gabz FM and new entity Duma FM agree to undisclosed conditions of the offers, they could be licensed by next month.

NBB Chairman Dr Masego Mpotokwane confirmed that the board had given draft licence conditions to the three companies and that everything would be finalised at a meeting next month.

The radio stations are expected to announce dates on which they will go on air.
Mpotokwane said there were six citizen-owned companies bidding for the licences, and emphasised that the licences were strictly reserved for local companies.

He added that even majority shareholders in the companies are citizens.

The market was excited at the announcement that took longer than was expected.
Station Manager for Yarona FM Dumi Lopang on Friday expressed cheers at the news, saying that they would be able to compete with government-owned commercial channel RB2.

Lopang said that they were ready to go nationwide and [continue reading]

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