Multichoice – Africa’s storyteller rewards shareholders

The front page of Multichoice’s results booklet that was released today describes the group as “Africa’s most loved storyteller” – that’s beautiful, but perhaps not as beautiful as the stunning improvement in their profitability. StatsSA’s last major survey (done in 2017) estimated that there are 16.2m households in South Africa. Multichoice has 8.4m subscribers in South Africa, which suggests that …

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