Following its unbundling from Naspers, MultiChoice Group listed as a separate entity on the JSE on Wednesday morning, trading at R95 a share. The company includes MultiChoice SA, Multichoice Africa, Showmax Africa and Irdeto. The Independent Communications Authority of SA (Icasa) has noted the event with concern because Multichoice is facing a complaint before Icasa’s complaints and compliance committee about having its shares trade on the bourse. MultiChoice CEO Calvo Mawela joined Business Day TV to discuss the listing, Icasa’s concerns and what lies ahead for the company.
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