MultiChoice on Friday morning said that it is aware that its deal with ANN7 has caused “real public concern”. The broadcaster’s board has instructed its audit and risk committees to probe the contract. In a statement, MultiChoice
Browsing: Naspers
Tencent slumped on Friday, putting it in line for its worst week in almost two years, as investors took profit in global technology shares and before the stock’s weighting gets reduced in Hong Kong’s benchmark index. Tencent
MultiChoice this week proclaimed its innocence over its hardball negotiations with the SABC for the supply of two channels to DStv, its pay-television platform. It denied there was anything illegal or improper
Naspers is planning to invest more in businesses including food delivery to help narrow the valuation gap between Africa’s biggest company and its stake in Chinese Internet giant Tencent. The 33% shareholding in the Shenzhen
Naspers CEO Bob van Dijk has insisted in a radio interview that the MultiChoice board must take responsibility to deal with allegations swirling around the pay-television operator. Naspers will only step in if the MultiChoice
Has a top MultiChoice executive been caught in a lie over the controversial channel supply agreement the company signed in 2013 with the SABC? Nolo Letele, MultiChoice’s executive chairman, told TechCentral in an
Despite the tough economic environment, MultiChoice added nearly 600 000 DStv subscribers in South Africa the first half of its 2017 financial year, which ended on 30 September 2017. That’s an increase of 10% over
Less than three months after topping R3 000 for the first time, Naspers’s share price on Monday touched the R4 000 level on Monday afternoon as shareholder optimism over Chinese Internet
Pay-television operator MultiChoice has appointed a new CEO of its South African operation. Calvo Mawela will take the reins from Mark Rayner, who is being shifted into the role of chief operating
Tencent, in which South Africa’s Naspers holds a 33% stake, rose to a record high after posting accelerated sales growth and topping the most optimistic of analyst estimates. The shares climbed 2.3% to a