CompaniesPREMIUM

WATCH: How forex losses hurt MultiChoice

MultiChoice CEO Calvo Mawela talks to Business Day TV about the group’s maiden results

MultiChoice CEO Calvo Mawela. Picture: FREDDY MAVUNDA
MultiChoice CEO Calvo Mawela. Picture: FREDDY MAVUNDA

Following its unbundling from Naspers, MultiChoice has released its maiden results, reporting a headline loss due to foreign exchange losses, as well as the company’s decision in March to give additional equity to black investors at no cost.

Revenue ticked up 6% as it attracted more subscribers.

MultiChoice CEO Calvo Mawela joined Business Day TV to discuss the results and where the company is headed.

Or listen to the full audio:

Subscribe: iono.fm | SpotifyApple PodcastsPocket Casts | Player.fm 

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Comment icon