Black Coffee is not your average executive.
He recently took to Twitter to share images of himself at the Gallo Record Company offices, the largest (and oldest independent) record label in South Africa,
This is the first time since becoming one of the major shareholders in May 2020, with a caption “New age Exec.📝”
New age Exec.📝 pic.twitter.com/x3QUh6ycb4
— Black Coffee (@RealBlackCoffee) September 3, 2021
Back in 2020, Black Coffee announced the news that he was now one of the major shareholders at Gallo
“I am now one of the major shareholders of this incredible piece of South African culture and history. This deal is important because its not about me, its about what this means for the collective SA Music community, the music ecosystem, its about changing the narrative from what was a highly exploitative system, to one of renewal and fairness.”
“With Gallo as one of the greatest music company’s in the world, we can start to build a new equitable African Music narrative, in an environment where the artist thrives,” he added.
The ground-breaking investment deal saw DJ Black Coffee take up a 20% stake in Gallo Music Investments a deal that was set to change the music landscape, putting power – and money – back in the hands of artists.
The History of Gallo Records
Gallo has been in business for more than 90 years and has been home to some of the biggest artists to come out of South Africa, including Lucky Dube, Dorothy Masuka, Ladysmith Black Mambazo, Stimela, & Sipho Hotstix Mabuse and Mango Groove.
All of these artists have achieved multi-platinum sales status in South Africa.
The label’s current catalog includes Bhekumuzi Luthuli, Harari, Soul Brothers, Mahotella Queens, Sakhile, Thandiswa Mazwai, Siphiwe Dana, & Sipho Gumede.
Flightmode Digital was set up by Black Coffee in 2017 and has equity stakes in some of Africa’s top startups including Yoco, Andela, Sweep South and Rensource.