BOLA RAY,DR.KWABENA DUFFOUR CLAIMS LIVE 91.9FM

Networks, the media company owned by
former Finance Minister, Kwabena
Duffor, and Nathaniel Kwabena Anokye
Adisi (Bola Ray), have acquired Tesano-
based radio station, LIVE 91.9 FM,
enewsgh.com can authoritatively say.
Less than two years after it went live,
the station has changed hands, we have
this on good authority .
enewsgh.com can confirm that the deal
was sealed last week. Workers at the
Tesano-based station have been
officially informed of the new
arrangement.
It brings to two (Choice FM the other),
the number of acquisitions made in
recent times by EIB, which also owns
Starr FM in Accra and Ultimate FM in
Kumasi.
A three-month transition period will lead
to an eventual change in direction and
purpose, station sources have told us.
A decent buy that properly positions EIB
as a strong force in mainstream
broadcasting business in Ghana, it’s been
in the works for sometime now. Workers
at the station have long predicted
(based on rumours from inside and
outside sources) the takeover.
LIVE FM (formerly trading as VIBE FM)
was jointly owned Mike Cook, Founder of
Vibe FM, and Kelvin Kwesi Kobiri, Head
Pastor of the Charismatic Worship Center,
who also doubles as CEO of the Dream
Group of Companies, which owns Dream
Finance, Dream Educational Institute
and Dream Properties among a number
of other interests. The station recruited
some of the best brains available locally,
when it started operations in 2013.
EIB’s other properties include Empire FM
(Takoradi), Cool FM (Cape Coast), Hi FM
(Koforidua) and Agoo FM (Nkawkaw).