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WATCH: How forex losses hurt MultiChoice
MultiChoice CEO Calvo Mawela talks to Business Day TV about the group’s maiden results
19 June 2019 - 08:43
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.
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