From Lagos to Sindia, from Pointe-Noire to Costa Rica and now on to the set of Netflix’s Selling Sunset. This is the phenomenal success of a South African based leading firm of architects. Mark Bullivant, Director and Professional Architect at SAOTA joins CNBC Africa to discuss how one of their designs found itself on the streaming service.
All eyes are on video-streaming giant Netflix, which faces new competition from Disney’s highly anticipated streaming platform,Disney+, as it reported its first-quarter earnings Tuesday.
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
Netflix recently issued $2 billion worth of new bonds to add to their existing $8.3 billion worth of debt. These new bonds have a term of 10.5 years. The strategy of the company has been to spend huge amounts on original content. Rashaad Tayob, Portfolio Manager at ABAX Investments joins CNBC Africa to give insight into this trend.
This actor proudly represents a country many wish they never came from.
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