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Interviewed by TechCentral, Multichoice South Africa CEO Byron du Plessis says this will include revamping its channel bouquets.
Multichoice is looking to stem subscriber losses and attract younger viewers, whose media consumption patterns are radically different from those of older generations.
In the last year alone, it saw 1.2 million paying subscribers quit and 1.6 million the year before that.
Overall, it recorded a slight recovery in May, with production rising 0.5%.
It’s also significantly better than the 6.4% decline in April, which was driven mainly by stronger output in basic iron and steel, non-ferrous metals, and metal products.
However, according to Stats SA, the motor vehicles, part,s and other transport equipment sector remains problematic.
It’s down 6.7% year-over-year, largely due to the uncertainty surrounding Trump’s tariffs.
Those tariffs remain the main international headline-maker this morning.
The American President has ignited a full-on trade war by imposing a 50% tariff on a key supplier, Brazil.
That has nothing to do with trade surpluses or imbalances and everything to do with Brazil’s former president and Trump buddy Jair Bolsonaro, who is on trial, accused of trying to stage a coup.
Brazil has hit back, saying it can do without the United States. Already, the price of two major Brazilian exports – beef and coffee – has started to rise sharply.
Trump has also announced a 35% tariff on the northern neighbour and key trading partner, Canada.
Both the Brazilian and Canadian tariffs are scheduled to take effect on August 1st, but it’s not yet clear if there will be any exceptions.
Whatever the final outcome of the tariff wars, the markets seem to be ignoring the problem.
In New York, both the S&P 500 – up 0.3% - and the Nasdaq – up 0.1% - closed at fresh record highs.
Earlier, the JSE All Share closed up 0.1%, while the Top 40 remained flat. London’s FTSE was up 1.2%.
Tokyo and Sydney are both flat on Friday morning, and Hong Kong is up 1.8%.
The US dollar is steady at $1.17 to the euro, the rand – very slightly firmer – at R17.74 to the dollar, R20.72 to the euro, and R24.06 to the sterling.
Gold - $3,334 – platinum $1,361 – Brent Crude oil – unchanged – just beneath $69 per barrel.
And finally, we have another record high for Bitcoin trading, currently around the $116,840 mark.
Bitcoin bulls now predict the cryptocurrency could reach as high as $170,000 per coin, although they don’t specify when this might occur.
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