Zambia broadcaster denies merger deal with StarTimes

2 November 2018

Investment

Zambia's National Broadcasting Corporation (ZNBC) has denied reports that it has merged with China's StarTimes. ZNBC chairman Mulenga Kampwepwe said the broadcaster is fully owned by the public and cannot be sold or taken over without the approval of parliament, ZNBC News reported. Kampwepwe said the relationship between ZNBC and StarTimes was in the formation of the joint venture company Top Star, and that the two firms have retained their full operational and ownership autonomy.

Source: Telecompaper