Homeboyz sells Sh200m stake to French partner
Word around town is that HomeBoyz Entertainment Limited has sold about 40 per cent of its business to a top French company for Sh200 million.
It is still not known whether the company that owns Homeboyz Radio and is heavily invested in events in the region sold part of its lucrative events arm, Homeboyz Radio, or the group.
However, when Showbuzz reached out to the company for comment to affirm this information, they refused to comment on the matter but did not deny nor confirm.
The company was formed in 1992 as a small DJ agency catering for weddings and house parties but grew as the entertainment industry gained traction.
It calls itself “the biggest and most influential entertainment company in the region… We are pleased to be widely known as one of the leading bespoke event production companies in East and Central Africa.”