Zuko Komisa

“Still here. Still Ambitious!” -Ambitiouz Entertainment disputes reports that it is shutting down.
Ambitiouz Entertainment has denied that it is closing its doors.
The record label was responding to reports from ZiMoja that the record label was suffering financial difficulties and was about to close its doors.
According to the publication, owner Kgosi Mahumapelo allegedly retrenched several employees and repossessed the majority of business vehicles after employees filed grievances with the CCMA.
The label was founded in April 2015 and over the years has housed some of the biggest artists in Mzansi including Emtee, Miss Pru DJ, La Sauce, Kid Tini, Blaq Diamond, Kraizie, Cici, S’Villa, Malome Vector, Sibu Nzuza, Snymaan, Fakaloice.
Kgosi Mahumapelo, the recording company’s founder and CEO, reaffirmed that Ambitiouz Entertainment is “going nowhere” and sent a message to his haters by referring to “section 5 of the Euphonic Act of 2016.”
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Mahumapelo stated that the label was only just getting started.
“Greetings to our beloved fans, supporters, and to those who’ve been eagerly waiting for our downfall with a bowl of popcorn in hand. We regret to inform you that you might need to stock up on more popcorn because Ambitiouz Entertainment is going nowhere. In fact, we are getting started.”
“It has come to our attention that there are whispers and rumours of our imminent closure. For those who are not our biggest fans, we have some bad news. ”
“This Friday, we are about to drop an announcement that will not just shake the industry but revolutionise it. In conclusion, to our haters, we refer to you to section 5 of the Euphonic Act of 2016,” read the statement
Section 5 of 2016 … pic.twitter.com/8lyiJGD02Y
— Ambitiouz Ent (@Ambitiouz_Ent) September 6, 2023
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