Group Companies

Tiso Blackstar Group Companies

Tiso Blackstar Group SE is a holding company which owns and operates companies in the Media and related services sector. Its current Group Companies are as follows:

Times Media (100% owned)

Media assets held by Times Media Group Proprietary Limited (“Times Media”) comprise the following:

Media Division
The Media division is a premier newspaper, magazine and digital publisher with some of the most recognised brands in Africa. They include national, regional and community newspapers and magazines in consumer, business and specialist fields, as well as a specialised events business leveraging off the brands into trade and consumer markets. The Media division’s assets deliver a total audience in excess of 14 million readers. It is the largest publisher of English-language daily and weekly newspapers in South Africa. Its flagship title is the country’s biggest weekly newspaper, The Sunday Times, but it also has numerous other popular newspaper and magazine publications as well as websites which represent the second largest audience in SA. The Media division’s brands include print titles such as The Sunday Times, The Business Day, The Times, The Sowetan, Sunday World, Daily Dispatch, The Herald, and SA Home Owner. The division has digital titles such as TimesLive, BusinessLive, SowetanLive and specialised trade and industry publications such as MIMS and SA Mining.

Broadcasting and Content Division
The Broadcasting and Content division houses Times Media’s growing interests in television, radio, films and music across the African continent. Times Media owns three South African television channels as well as one of South Africa’s leading TV production houses. TMG also has a wide range of other television and radio assets across Southern and West Africa. Times Media Films is a leading independent distributor of filmed entertainment in Africa, representing studios such as Warner Bros, Twentieth-Century Fox and many of the major independent studios. It also plays a key role in supporting and developing South Africa’s growing local movie industry.

Marketing solutions
The Hirt & Carter division of Times Media Proprietary Limited uses unique state-of-the-art systems and processes to manage the entire retail and brand communication process from origination to final distribution across print and digital media channels, using market innovation, technology and trend monitoring. Hirt & Carter is active at every link in the production chain, adding value at every stage of the process.
The Uniprint division of Times Media is South Africa’s largest empowerment printer and a full-service provider in the design, manufacturing and distribution of a wide range of commercial print products and services to corporate customers and institutions that have consumer mass markets or branch networks throughout Africa.

Further details on TMG can be found on their website www.timesmedia.co.za

Multimedia Group Limited (Multimedia) (32.2% owned)
Founded by 1995, Multimedia is today Ghana’s largest radio, television and online network. The Multimedia Group operates six local FM stations broadcasting mainly in two languages and from the two largest urban capitals in Ghana. Riding on the back of its six FM stations are over 40 affiliates and partner stations across the country. Multimedia operates the largest and most visited indigenous online platforms in Ghana: www.myjoyonline.com, www.adomonline.com, www.multitvworld.com. Multimedia owns Multi TV, the multi channel largest free to air (FTA) television network in Ghana. The key channels on MultiTV are JoyNews, Joy Prime and Adom TV. In addition to its radio, television and online platforms the Group also has the biggest events and promotions vehicle in Ghana, organizing special and targeted events that attract over 250,000 attendees annually. The majority of the balance of Multimedia’s shares are owned by management.

Radio Africa Limited (Radio Africa Group) (49% owned)
Radio Africa Group is a fast growing and dynamic media company based in Kenya. Radio Africa Group consists of 6 national radio stations, one free to air TV station and a national newspaper. Radio Africa Groups is the home of great and unique talent and its stations are market leaders. Radio Africa Group’s media brands include Kiss 100, Classic 105, Radio Jambo, X FM, East FM, Relax FM, The Star newspaper and Kiss Television. The majority of the balance of Radio Africa Group’s shares are owned by management.

Cooper Communications Limited (Coopers) (24.5% owned)
Cooper Communications owns Lagos Talk, a newly launched talk radio station based in Nigeria. Tiso Blackstar has partnered together with Radio Africa Group and Chris Ubosi, the CEO of Megalectrics Limited, which owns and operates 3 leading radio stations in Nigeria: Classic FM 97.3, The Beat 99.9FM and Naija FM 102.7.

Non-core group companies

Consolidated Steel Industries Proprietary Limited (CSI) (100% owned)
CSI owns 100% of Global Roofing Solutions (GRS), which is a leading South African roofing material manufacturer consisting of Brownbuilt (established in 1964) and HH Robertson (established in 1958), making it one of the largest metal roofing manufacturers in South Africa and the African continent. CSI owns 100% of Stalcor, a dynamic, highly regarded producer, stockist and distributor of stainless steel and aluminium products, servicing a variety of sectors, in particular the manufacturing, engineering, mining and construction industries.

Robor Proprietary Limited (Robor) (51% owned)
Established in 1922, Robor is a manufacturer and supplier of welded steel tube and pipe, cold formed steel profiles and associated value added products. Robor supplies, distributes and adds value to carbon steel coil, plate, sheet and structural profiles. Robor services a variety of sectors, in particular the manufacturing, engineering, mining, infrastructure and construction industries. Management of Robor own the balance of Robor’s shares.

KTH (22,9% owned)
Kagiso Tiso Holdings Proprietary Limited (“KTH”) is an investment holding company established in July 2011, following the merger between Kagiso Trust Investments Proprietary Limited and Tiso Group Proprietary Limited. KTH’s investments include market leaders in key sectors including, amongst others, media, resources, infrastructure, power and financial services and include a mix of both listed and private investments. KTH maintains a long-term investment horizon and is therefore able to partner with companies throughout their business cycles, without undue pressure to exit in the short or medium term. Further details on KTH can be found on their website www.kagiso.com.

On 13 December 2016, Tiso Blackstar announced the conditional sale of its interest in KTH for R1,500 million.