The sale of radio assets in SA, phase one of the deal, is expected to be completed in June, following approval by Icasa
Lebashe Investment Group chair Tshepo Mahloele. Picture: THAPELO MOREBUDI
The deal was to be done in two phases, with SA operations in one and the Africa operations the other. The first phase of the deal, completed in November 2019, saw Lebashe, headed by chair Tshepo Mahloele, launch a new company, Arena Holdings, housing media assets including Business Day, Sowetan, Daily Dispatch, The Herald, Business Day TV and Financial Mail.
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