Mozambican private communication group SOICO to be restructured

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Mozambican private communication group SOICO to be restructured

12:20 CAT | 27 Jul 2017

Portal da Liderança (Fie photo) / Daniel David SOICO group CEO

Mozambican private media group Soico will be restructured and have changes in the administration and direction of the different bodies in the coming days, Lusa source the company said today.

The group that includes television, radio and the press will have “a new management model” adapted to the new digital formats, so it will be “counting on people concerned about these areas,”said the same source.

The reformulation designed by the businessman and majority shareholder, Daniel David, was approved at a general meeting of the group on July 19.

The exoneration of the administration and the directors of the different bodies takes effect on Monday and the new names or possible renewals will be known in the coming days.

The Soico group includes the newspaper O País, a daily publication published between Monday and Friday, the STV television channel, with a general and another channel of information and also the SFM radio.

Source: Lusa