Barry Sayer, the Group Chief Executive of Clear Channel Independent (CCI), has disclosed that they are looking for an empowerment partner to take up a 30% stake in the company. Negotiations are underway and it is hoped that "something concrete" will be taken to the board by February 12. A month ago CCI partnered with Merafe-Zonkizizwe to form Clear Channel-Merafe, an indoor advertising company. Merafe-Zonkizizwe was given a 51% stake in the newly-formed indoor advertising company.
