Ambitiouz Entertainment owner, Kgosi Mahumapelo reacts after it was reported that the record label is shutting down.
ZiMoja claimed that the music company is closing permanently due to financial problems.
“We are not shutting down. We are growing and are poised to revolutionise the industry with an announcement,” Kgosi told TshisaLIVE.
Meanwhile, the record label is set to make a big announcement this Friday
“We regret to inform you that you might need to stock up on more popcorn because Ambitiouz Entertainment isn’t going anywhere. We’re just getting started.”
“It’s come to our attention that there are whispers and rumours of our imminent closure. To those who’ve been spreading these tales, we’d like to offer a heartfelt ‘nice try’. We’re saddened to report that if you were hoping for our exit, you’ll have to deal with our fabulousness for at least another decade.”
