MultiChoice Group faces major problems after losing money and customers. The pay-TV company lost 1.2 million viewers last year. Company leaders say tough times hit their business hard. African economies struggled and people had less money to spend. Streaming services like Netflix also took away customers.
The company lost 2.8 million viewers over two years. Currency changes cost them 10.2 billion rand when African money became worth less. MultiChoice tried to fix things by cutting costs and raising prices. They saved 3.7 billion rand through these changes. The company still lost money despite these efforts.
Cash flow became a serious worry for the business. They spent 500 million rand more than they earned. Last year they actually...
Multichoice faces major problems after losing millions of customers. The company lost 2.3 million DStv subscribers during the past year. South Africa lost 614,000 customers and other African countries lost 1.73 million subscribers. Company revenue fell 9 percent to R50.8 billion. Trading profits also declined to R4.0 billion.
DStv subscriber numbers continue falling across all regions and customer types. South African subscribers dropped from 8.551 million to 7.937 million people. African subscribers outside South Africa fell from 12.383 million to 10.655 million customers. Total subscribers across all regions decreased from 20.934 million to 18.592 million users. Premium, mid-market and mass-market customers all cancelled their...
Barcelona made another poor signing decision with teenager Vitor Roque. The young Brazilian striker joined from Athletico Paranaense with great expectations. He struggled for playing time during his first season and left after just 12 months. Barcelona loaned him to Real Betis before Palmeiras bought him permanently. The club admits they handled his arrival badly.
Sporting director Deco says bringing Roque six months early was wrong. Coach Xavi wanted the player to arrive during the January transfer window instead of summer 2024. Deco believes this timing hurt the young striker's development. Barcelona has very high standards that can overwhelm new players. The club failed to help Roque adapt to European football properly.
Deco...
Shaka Zulu changed South African history forever when he founded the Zulu nation. The legendary king became famous through many books, movies and TV shows over the years. Most of these stories twisted the truth about Zulu culture and traditions. The 2023 drama series Shaka iLembe broke new ground with its honest portrayal. Critics and viewers praised the show for telling authentic stories about Zulu life.
Language experts studied the first season to check how well it showed real Zulu culture. Almost one quarter of South Africans speak isiZulu as their first language. The show uses traditional sayings and respectful speech patterns that keep ancient wisdom alive. Proverbs like "difficulties make you strong" appear throughout the series...
MultiChoice Uganda brings back Shaka iLembe for its second season. The drama tells the story of the famous Zulu King Shaka Zulu and his early life. Viewers can watch twelve episodes that show how events shaped the legendary ruler. The first season started airing on Pearl Magic Prime during June 2023. Bomb Production creates the series with full funding from MultiChoice.
The show tries to balance entertainment with respect for culture. Historians and cultural advisors work with producers to portray Nguni culture correctly. Patricia Kiconco from MultiChoice Uganda speaks about the series at the launch event. She leads the Customer Experience and Care department. Kiconco says the show brings epic tales of courage and triumph to screens...
Alexander Afenyo-Markin wants the power company to fix major money problems. The opposition leader said ECG loses cash because most people avoid paying electric bills. Only three out of ten customers pay what they owe for power. Many homes have no meters or steal electricity through illegal hookups. This crisis threatens the entire power system.
Afenyo-Markin served as ECG board chairman and saw the bad numbers firsthand. He warned that future leaders will face the same mess unless reforms happen fast. The politician pushed for the Loss Reduction Programme to continue under any government. Political parties must work together on energy issues instead of fighting. Structural changes need to start immediately.
A video online showed...
Frederick Blay stands behind Ken Ofori-Atta as Ghana's former money chief. Blay led the NPP party and spoke out for Ofori-Atta during a Saturday TV interview. He called the former minister a strong leader who worked hard under tough times. Blay said critics unfairly blame Ofori-Atta for problems he did not create. The former party head believes the NPP government will be remembered as one of Ghana's best.
Ofori-Atta ran Ghana's money affairs from 2017 until early 2024. Dr. Mohammed Amin Adam took over his job as the new finance minister. People called for Ofori-Atta to be fired during Ghana's money crisis. President Akufo-Addo kept him despite public anger about the economy. The president and Ofori-Atta are cousins.
Corruption...
Parliament's opposition party wants the government to scrap a fuel tax right away. The tax adds one Ghana cedi to every liter of fuel people buy. Ghana Revenue Authority stopped the tax from starting on June 16 because Middle East problems made fuel prices jump around.
The NPP Minority Caucus said the delay shows bad planning and mixed-up money management. They want Parliament to meet fast and kill the whole law. The group said they will not accept anything less than complete removal.
Opposition members said the fuel tax should never have started because people already struggle with money problems. They called the government two-faced for blaming Middle East troubles after criticizing the old administration for using world events as...
Alexander Afenyo-Markin serves as Minority Leader and represents Effutu district. He denied supporting the one cedi fuel tax that people call the dumsor levy. Social media videos show him talking about energy problems during Parliament meetings. The lawmaker urged both political parties to work together on power issues. He wanted lawmakers to fix electricity problems without playing politics.
Afenyo-Markin posted on social media Saturday to clear up confusion about his statements. People misunderstood his Friday speech about energy sector reforms. He called for changes at the Electricity Company of Ghana rather than new taxes. The politician wants the Energy Minister to bring reform plans to Parliament. He believes Parliament should...
