According to the station, the appointment of Maggs is part of a joint venture with respected financial news platform Moneyweb, which has built a reputation as a trusted source of business news and analysis, producing independent, high-quality investment information on a variety of platforms.

"The decision to work with a partner of the calibre of Moneyweb and a business anchor of the quality and experience of Maggs comes down to credibility, which is obviously a crucial element in any business show," says Lloyd Madurai, managing director of HOT 102.7FM.

"As a music station playing the best ‘Old Skool’ and R&B, the music remains our priority, but it's equally important that we produce news, business and sports content of an incredibly high standard — ensuring our listeners remain with us and never need to change the dial. Appointments such as Magg's and the partnership with Moneyweb support that," adds Madurai.

The station says Maggs is a renowned radio and television presenter, having been in South African broadcasting for over 40 years and been inducted into the SA Radio Hall of Fame. During that time, he's held senior editorial and presenter positions with the likes of:

  • 702
  • Power 98.7 and
  • eNCA, where he acted as editor-in-chief.

Maggs has since also moved into the podcast space and currently presents a live daily news show on Moneyweb.co.za called Moneyweb@Midday, while his long-running Maggs on Media TV show has now migrated online, the station adds.

South Africans of a certain age will remember Maggs for his role as host of the award-winning television quiz show Who Wants to be a Millionaire, but his standing in South African journalism extends beyond broadcasting, says the station.

According to HOT 102.7FM, Maggs is an extensively-published writer, having contributed to the likes of the Daily Maverick and the Financial Mail on the advertising and marketing industry. He's also the author of two books My Final Answer and WIN!: Compelling Conversations with 20 Successful South Africans — with a third currently on the way.

"I just love the HOT 102.7FM approach to news, sport and business, which is unique and fresh, and I can't wait to put my own stamp on HOT Business with Moneyweb," says Maggs. "Listeners can expect a slightly different take on a business show, with a daily update on the day's business news, jargon-free and with one goal in mind. That is, helping listeners manage and grow their money."

The appointment of Maggs follows the recent news that HOT 102.7FM had added presenter Darren Scott to anchor its drive-time show, further strengthening the station's on-air line-up.

The station concludes that HOT 102.7FM was also recently honoured in three categories at the 2024 New York Festivals Radio Awards — widely regarded as the "Oscars of the radio industry" — shortly after launching four new online streams on the station's website and app.

HOT Business with Moneyweb is broadcast on HOT 102.7FM between 18:00 and 19:00, Monday to Thursday.

For more information, visit www.hot1027.co.za. You can also follow HOT 102.7FM on Facebook, LinkedIn, X or on Instagram. 

*Image courtesy of contributor