The radio station was one of the many that was irreparably damaged during the civil unrest that occurred a few weeks ago. The damage to the station totalled R5m.
While the station received well needed funds from a variety of other organisations, it was still in dire need of desktops and laptops to resume broadcasting. All devices donated by Standard Bank will be delivered with new software.
Standard Bank’s mandate aims to support the media and arts, and help those in need of it through the recovery of both the recent riots and the effects of Covid-19.
Vuyani Joko, CIO at Standard Bank South Africa, said, “As a bank, we believe that this underpins our commitment to good corporate citizenship. It is through these often under-supported activities that we as a bank believe that reconstructing and supporting the development of South Africa’s arts sector, that has been hard hit by the Covid-19 induced lockdowns, are integral in creating the South Africa we are all striving to build.”
The rebuilding of the station to bring it back to its noble glory is already underway. They have been receiving contributions from other fellow broadcasters Standard Bank, its partners and other supporters have not only assisted the station.
LM Radio housed this station for three weeks. Fellow commercial broadcasters in Primedia, Kaya Fm, Jacaranda FM, Skyside SA, Ray’s of Hope, Groot FM declared themselves friends of the station to assist in other forms both financially and technically to get the station back on its feet.
Currently AlexFM will be moving back to Alex Mall to resume broadcasting to its valued community while its headquarters at the Yarona Building on the Pan African Square is being completed.