Rest of Africa pays off for MultiChoice
For the first time, more than half of MultiChoice’s subscribers are outside of its home market
MultiChoice’s rest of Africa business — the group’s main lever for driving future growth — seems to be on the right path.
Trading losses from those operations were reduced by about a fifth to R3.7bn in MultiChoice’s year to end-March. At that rate, it will still take some years before the group’s non-SA business reaches break-even, but the trend is in the right direction.