The Independent Communications Authority of SA (Icasa) has denied some prominent South Africans radio licences, the Sunday Independent reports.<\/p>\n
Icasa refused to grant a licence to Durban-based Capital Radio 604, of which former SA Reserve Bank governor Tito Mboweni\u2019s investment holding company would have owned 40 percent.<\/p>\n
The ANC national executive committee member and his brother run Mboweni Brothers Investment Holdings together. Icasa\u2019s decision was due to Capital Radio\u2019s failure to provide proof of access to funding.<\/p>\n
To start up a radio station in KwaZulu-Natal, Icasa demanded proof of access to R46 million.<\/p>\n
SLAM Gauteng, a sport-driven, lifestyle radio station, also failed to get a licence. Its shareholders are former Bafana Bafana captain Lucas Radebe\u2019s management company, veteran broadcasters Ernest Pillay and Thomas Kwenaite\u2019s TK Vision, StarSat (formerly TopTV) boss Eddie Mbalo, and Supersport anchor Carol Tshabalala.<\/p>\n
Icasa was reportedly not satisfied that the radio station\u2019s proposed National Empowerment Fund financial support was approved.<\/p>\n
Film producer David Selvan\u2019s K2012010707, which applied for the same licence as Capital Radio in KwaZulu-Natal, was also unsuccessful. His radio station would have been called SLAM KZN and included former Coca-Cola SA director and Kaya FM founding managing director Pat Dambe.<\/p>\n
Selvan and Dambe were also part of SLAM Gauteng and SLAM Western Cape, whose applications were also unsuccessful.<\/p>\n