Power FM (South Africa)

Power FM
  • Johannesburg
Broadcast areaGauteng
Frequency98.7 MHz
Ownership
OwnerMSG Afrika Investment Holdings
Capricorn FM
History
First air date
18 June 2013
Links
Websitewww.powerfm.co.za

Power FM (also known as Power 98.7 FM) is a South African commercial radio station based in Gauteng, seed funded by the National Empowerment Fund, a state-owned enterprise in South Africa.

It was awarded an FM radio frequency commercial license from ICASA on 15 December 2011 and went on-air on the 18 June 2013.

The radio station is owned by MSG Afrika Investment Holdings, led by Given Mkhari, with shareholders including Ndalo Media, led by Khanyi Dhlomo; Zico, led by Sandile Zungu; and various other investors, including the South African government.