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MultiChoice revealed that Showmax lost R1.2 billion in the last financial year but would not disclose all historical losses. Showmax is a core component of MultiChoice’s growth strategy, and it wants to make it the leading streaming service in Africa. It views Africa as the final frontier for subscription video-on-demand (SVOD) growth and is putting billions behind its streaming plans. To drive its growth, MultiChoice will relaunch a new version of Showmax powered by...

By 2023-06-22 14:02:19 0 1176

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It’s no longer just wealthy taxpayers who are leaving South Africa

The South African Revenue Service’s (SARS’) latest tax data shows that thousands of...

By 2023-03-29 07:31:31 0 1046

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South Africa lost over 6,000 taxpayers to emigration last year – but that’s not the biggest problem, according to SARS

SARS commissioner Edward Kieswetter says that headlines beating the drum on emigration eroding...

By 2023-03-29 07:34:38 0 1020