Tag: Calvo Mawela
Africa’s largest pay TV operator added 900,000 new subscribers in the 2020 financial year. Multi-choice said annual profit jumped 39 per cent, helped by reduced losses in its rest of Africa portfolio and strong cost containment. Calvo Mawela, CEO, MultiChocie Group.
Since its separate listing from Napsers, television broadcasting group Multichoice reports continued subscriber growth for their annual performance ended March of this year. 1.6 million subscribers were added, indicating 12 per cent year-on-year growth. Subscription revenue is up 7per cent to R41.2 billion. MultiChoice CEO, Calvo Mawela joins CNBC Africa for more.
The spot on DSTV channel 405 of formerly Afro WorldView has being replaced by ‘News Room Africa’. A new company formed by television production entrepreneurs Thokozani Nkosi of Eclipse TV and Thabile Ngwato of Rapid Innovation. CNBC Africa’s Melitta Ngalonkulu filed this report.