In an unexpected move, MultiChoice announced a partnership deal with Netflix and Amazon, in June. Aiming to be a one-stop shop, MultiChoice plans to offer the streaming services of its competitors through its new decoder. Some have expressed concern about the pay-TV group warding off competition. Duncan McLeod, Founder & Editor of TechCentral joins CNBC Africa for more.
On the side-lines of the 7th Africa Magic Viewers' Choice Awards, Multichoice CEO, John Ugbe says there’s a lot more attention in Africa’s movie Industry as both local and foreign investors are beginning to sink money into the industry. He joins CNBC Africa’s Debbie Movoria for more....
On the side-lines of the 7th Africa Magic Viewers' Choice Awards, MultiChoice CEO, John Ugbe says there’s a lot more attention in Africa’s movie industry as both local and foreign investors are beginning to invest in the industry. He joins CNBC Africa’s Debbie Movoria for more.
Alexander Forbes is reporting a 1 per cent drop in headline earnings per share, down to 44 cents for the year ended 31 March 2019. The final dividend for the year came in at 30 cents per share. Dawie de Villiers, Group CEO, Alexander Forbes joins CNBC Africa for more.
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.
ICASA has been anxious that MultiChoice group is using its dominant position in the market to limit competition in the streaming market. MultiChoice has submitted that streaming services such as Netflix pose a significant threat to its operations in South Africa and are therefore calling on ICASA to regulate international streaming services. For more CNBC Africa is joined by Botlenyana Mokhele, a Councillor at ICASA
Bongi Shangase, CEO of Shangase Brands spoke to CNBC Africa’s Fifi Peters to share her entrepreneurial journey on the sidelines of the Durban Business Fair as well the need to embrace change and technology to stay competitive.