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Old October 20th 04, 03:45 AM
Mike Terry
 
Posts: n/a
Default South Africa - bid to write off Capital Radio costs

October 19, 2004

By Angela Quintal

The Department of Communications appears to have given up on selling Capital
Radio to recoup the costs involved in its closure in 1996.

In its annual report, it says it wants the cabinet to write off an estimated
R3.67 million.

Capital Radio, based in the Transkei homeland from 1979 and broadcast on the
604 medium wave band that became its catchphrase, was an institution during
the latter years of apartheid, with the government repeatedly trying to shut
it down.

Until the advent of Radio 702, it was the only commercial radio station in
South Africa.

Three attempts to sell it in the past five years have failed.

http://www.capetimes.co.za/index.php...icleId=2265944