Browsing: Nolo Letele

Listed companies whose empowerment share schemes have come out of their lock-in periods have largely shunned the JSE’s black economic empowerment (BEE) trading platform for their own options. The stock exchange’s BEE platform, launched in February

SuperSport CEO Imtiaz Patel will succeed Nolo Letele as group CEO of pay-TV broadcaster MultiChoice on 1 October. Letele, who was due to retire later this year, has been named as executive chairman of MultiChoice SA. Announcing the changes on Thursday, a MultiChoice spokesman says the board had agreed on an executive chairmanship to “meet the challenges faced by the underlying entities”.

Pay-TV operator MultiChoice has taken the next step forward in an unfolding strategy to provide its content across a range of platforms with its launch on Wednesday of a free video on-demand service for subscribers to its DStv Premium bouquet