KAYA FM 95.9 reflects the lives of the predominantly black, urban listener between the ages 25 – 49 living in Gauteng. The station broadcasts both music and talk, and this makes it unique from other ICASA approved licences. KAYA FM 95.9 launched in August 1997, and was one of the first new frequencies to be approved for private commercial radio.

KAYA FM 95.9 broadcasts in English on the FM frequency signal 95. (Dot) 9, 24 hours a day, seven days a week. The current listenership stands at 510 000 per average day and 1, 357,000 for the past seven days. The music format offers a diverse and soulful mix of adult contemporary music to smoother sounds like R&B, World, Soul and Jazz.

Governance

Governance and sustainability are essential for stakeholders of Kaya FM. The board & management of Kaya FM conduct the business with integrity, applying appropriate corporate governance policies and practices. Detailed strategies and the business plan are reviewed annually, spanning the financial and non-financial elements of Kaya FM’s business, and performance against predetermined targets underpins management remuneration.

Kaya FM continually evaluates areas where governance can be strengthened. The impact of the new Companies Act in South Africa, as well as the King III code on corporate governance, was a focus over the past year.

Code of Business Ethics

The Station believes that its business practices should reflect the highest standards of honesty, fair dealing and ethics. The Board adopts a Code of Business Conduct and which applies to all directors, prescribed officers and employees of the station. The Station also promotes a culture around where it investigates allegations of unethical or inappropriate behaviour, as well as confidential means for employees to notify the Finance Committee if they become aware of any questionable accounting practices.

Kaya Shareholders:

New Africa Investments Limited – 24.92%

Thebe Convergent Technology Holdings (Pty) Ltd - 24.90%

Kaya Investments (Pty) Ltd {Wholly owned subs of Thebe CT} – 20.28%

Mokgosi Holdings (Pty) Ltd - 5.00%

Shanike Investments No.42 (Pty) Ltd - 24.90%

Existing Directors

Directors:		Mrs Lindiwe Gadd (Chairperson)
Mr Greg Maloka (Executive Director) Mrs Terry Volkwyn Mr Omar Essack Mr Mervyn Van Zyl Mr Inus Prinsloo Mrs Hapiloe SelloCompany Secretary: Mr Derek Flint		Lindiwe Gadd is the head of Thebe enterprises division, a diversified investment portfolio within the Thebe group. She ran her own management consultancy and was CEO of Freedom Park Trust. She has a Masters Degree in Social Science from Glasgow University, a Certificate in Management and a Certificate in Finance and Accounting from Wits Business School.

Meet the MD

Greg Maloka is Managing Director of  ”Gauteng’s fastest growing radio station, Kaya FM 95.9 “.

“Before joining Kaya in 2008, I was part of the team that envisioned and launched the successful Gauteng youth station YFM. I created brand campaigns and aimed to be as innovative as possible to meet the needs of a powerful and important young listenership. Beyond my radio career, I was at Instant Grass – a global company pioneering key research into the youth market.”

“The Kaya FM audience is growing in numbers, changing psychographic makeup and upping the stakes in their expectations of being able to live the Kaya FM brand as a bona-fide lifestyle choice.”