Ambitiouz Entertainment's Kgosi Mahumapelo has set the record straight about ongoing rumours that his company was going through financial troubles.
Ambitiouz Entertainment boss Kgosi Mahumapelo has dismissed rumours that his record label is going through financial trouble and headed for a close.
The label recently made headlines when a ruling was made against it after award-winning duo Blaq Diamond dragged it to court. Per the publication, company cars have been repossessed, and fed-up employees have downed tools over delayed and unpaid salaries. The company's Rosebank office is also said to have been unoccupied for the last four months.
Mahumapelo shared that they were on the verge of sharing an announcement"that will not just shake but revolutionise the SA music industry".
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