What African Media Entertainment does

African Media Entertainment (JSE: AME) is a South African, JSE-listed diversified media group headquartered in Houghton Estate, Johannesburg. Founded in 1997 and operating with 51–100 employees, the company is organized around two stated core focus areas: radio broadcasting assets and a portfolio of digital media, publishing, and business broadcasting services. On the radio side, AME wholly owns Algoa FM and consolidated control of Mokgosi Holdings, through which it holds a 29.92% stake in Kaya FM, giving the group exposure to two of South Africa's established commercial radio stations. On the digital side, AME owns Moneyweb, a financial news and business broadcasting platform acquired in 2019, alongside wholly-owned subsidiaries Central Media Group, United Stations, Umoya Communications, and Mediaheads 360 (the latter two operating in communications and marketing services respectively).

The group's revenue mechanics are split across three identifiable streams: advertising and sponsorship revenue from radio broadcasting, professional services/event revenue generated primarily through Algoa FM's events business, and subscription/recurring digital publishing revenue from Moneyweb and related online assets. AME serves three named end-segments — Radio Listeners, Digital Media Consumers (financial and business news readers), and Corporate Clients purchasing advertising, sponsorships, and event activations. The company is B-BBEE Level 1 certified (verified by Empowerdex) and has secured individual B-BBEE certifications for all five operating subsidiaries during 2025, which is a material procurement advantage in the South African market.

For the financial year ending March 2026, AME reported revenue of R359.7 million (up 14% year-over-year) and headline earnings per share of 887.7 cents (up 17.8%), with a final dividend of 380 cents per share declared. Moneyweb returned to profitability after a previously challenging period, and the Algoa FM events business was a notable positive contributor. Strategic positioning remains South-Africa-only, with no disclosed international expansion or material AI/ML capability.

Name

African Media Entertainment

Legal name

African Media Entertainment Limited

Website

https://ame.co.za

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

African Media Entertainment is a JSE-listed South African media group operating radio broadcasting assets (Algoa FM, plus a 29.92% stake in Kaya FM) alongside digital publishing and business broadcasting services led by Moneyweb, serving advertising, sponsorship, event, and financial-news audiences domestically.

Ownership category

akta.pro rank

Product category

Radio Broadcasting and Digital Media

NAICS

Radio Broadcasting Stations (51611), Radio and Television Broadcasting Stations (5161), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621), Advertising Agencies (541810)

SIC

Radio Broadcasting Stations (4832), Services-Advertising (7310), Services-Advertising Agencies (7311)

akta.pro primary industry

Radio Content Production & Studios (On-air Production, Imaging, Jingles) (MPAIAEAL)

Keywords

• Radio broadcasting
• Digital media publishing
• Business broadcasting
• Financial news media
• Media entertainment services

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Radio Broadcasting: Revenue from radio broadcasting operations including Algoa FM and other radio assets, with advertising and sponsorship income
2. Events Business: Strong performance from Algoa FM's events business generating event-related revenue
3. Digital Media and Publishing: Digital media services, publishing assets including Moneyweb, and business broadcasting operations

Distribution channels3 records

Marketing channels3 records

Core offering

African Media Entertainment is a South African media group operating radio broadcasting stations (Algoa FM and a 29.92% stake in Kaya FM via Mokgosi Holdings) and a portfolio of digital media services, publishing, and business broadcasting assets, anchored by the Moneyweb financial news platform. The group also runs an events business through Algoa FM and marketing services through subsidiaries Mediaheads 360 and Umoya Communications.

Product overview

African Media Entertainment is a South African media company operating a dual-focus portfolio: valuable radio broadcasting assets (including Algoa FM and a 29.92% stake in Kaya FM) alongside a rich portfolio of digital media services, publishing, and business broadcasting assets (including Moneyweb). The company also holds subsidiaries Central Media Group, United Stations, Umoya Communications, and Mediaheads 360, all of which carry their own B-BBEE certifications.

Differentiator

Problem solved

Functional benefit

Brands

• Algoa FM: Radio station with strong events business performance
• Moneyweb
• Kaya FM

Products and services

• Algoa FM Owned FM radio station broadcasting across South Africa, with a notably strong events business generating event-related revenue. Target audience is general radio listeners; monetised through advertising and sponsorships.
• Kaya FM FM radio station in which AME holds a 29.92% stake through Mokgosi Holdings, after taking control of Mokgosi Holdings in 2026. Broadcasts to South African audiences and is monetised via advertising.
• Moneyweb Digital publishing and business broadcasting platform acquired by AME in 2019, focused on financial news and business intelligence for South African audiences. Recently returned to profitability after a challenging period; generates subscription/recurring revenue.
• Radio Broadcasting Services Aggregate radio broadcasting offering across owned and associated stations, providing advertising airtime and sponsorship inventory to corporate clients across South Africa.
• Digital, Media Publishing and Marketing Services Digital media services, publishing, and business broadcasting portfolio (anchored by Moneyweb) supplied alongside marketing services through Mediaheads 360 and Umoya Communications. Sold to advertisers and media buyers; subscription/recurring revenue from digital readers.
• Algoa FM Events Business Events and brand activation business operated under Algoa FM that produces corporate events, conferences, and brand activations, generating professional-services/event-related revenue. Sold to corporate clients and brand marketers.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Mokgosi HoldingscoreStrategic or Co-development PartnerMokgosi Holdings is the entity through which AME holds its 29.92% stake in Kaya FM. AME took control of Mokgosi Holdings as part of its strategic radio asset portfolio.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Arena Holdings: South African media company operating business and financial news titles (BusinessDay, Financial Mail, Rand Daily Mail) and digital platforms; directly comparable to AME's Moneyweb subsidiary in financial/business publishing.
• Caxton & CTP Publishers and Printers: JSE-listed South African publishing and media group with newspapers, magazines, and digital assets; comparable to AME in its combined publishing and digital media revenue streams.
• Kagiso Media: South African media company with radio broadcasting (Gagasi FM, Heart FM) and digital publishing interests; directly comparable to AME as a JSE-listed South African radio and media group of similar scale.
• eMedia Holdings: South African media group with broadcasting (e.tv, OpenView HD) and radio assets; comparable to AME's portfolio of broadcasting and digital media operations within the South African market.
• Primedia Holdings: South African media group operating leading radio stations (947, Kfm 94.5, CapeTalk) and digital audio assets; competes directly with AME's Algoa FM and Kaya FM in the South African commercial radio market.
• Tiso Blackstar (now part of Arena Holdings): South African digital and print media group that previously operated IOL and Business Report; directly comparable to AME's digital media and business broadcasting assets, particularly Moneyweb.

Broad incumbents

• MultiChoice Group: Largest South African pay-TV broadcaster and streaming operator; competes with AME for advertising budgets and audience attention, but operates at much larger scale across subscription and broadcasting models.
• DStv Media Sales: Advertising sales arm of MultiChoice operating in South African broadcast media; competes with AME for the same advertising budgets across TV, radio, and digital channels.
• Naspers / Media24: Africa's largest media group and a global internet/tech investor; Media24 operates South African newspapers, magazines, and digital publishing comparable to AME's publishing and digital segment, though at vastly greater scale.

Regional players

• MediaMark (formerly Media Direct): South African advertising and media sales house; comparable to AME's Mediaheads 360 marketing services arm in providing advertising representation across South African media platforms.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about African Media Entertainment