JARRED HOUSTON: Value during an almost perfect storm of challenges for MultiChoice
Look beyond and there may well be tremendous returns for long-term investors
When one thinks of companies heavily affected by the intensity of load-shedding in 2023, the picture one probably comes up with is that of Astral’s forced culling of tens of thousands of chickens or even Pick n Pay spending millions a month on diesel to keep the fridges running. A name less obvious is MultiChoice and its DStv service.
Stage 4 and higher load-shedding became our fate from the early part of 2023 and we regularly had to negotiate the lack of power either from 6pm to 8pm or 8pm to 10pm. Immediate priorities for households were navigating the darkness and putting food on the table, without the use of our usual appliances. Watching television became something we were only able to do around the times of the blackouts...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.