Wednesday, August 12, 2020

Tag "MultiChoice"

    FACT CHECK: Are DStv’s tariffs in Nigeria the highest in Africa?

FACT CHECK: Are DStv’s tariffs in Nigeria the highest in Africa?

In May 2020, Multichoice, the owners of DStv and GOtv, disclosed that rates would go up in Nigeria.  This immediately led to a social media outrage, with many calling it insensitive "during a pandemic".  In Multichoice's defence, John Ugbe, chief executive officer of Multichoice, said the company did not increase subscription rates, stating it was only an adjustment to reflect the [...]

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    Multichoice set to implement new VAT rate

Multichoice set to implement new VAT rate

Multichoice Nigeria says its new price rates are to reflect the increased 2.5% value-added tax (VAT) of and not an increase in its subscription rates. The 2020 finance act, which was signed into law in January, raised VAT from 5% to 7.5%, to increase the government’s non-oil revenue. The VAT increase was implemented on February 1. In a statement on Saturday, the company [...]

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    Multichoice: We’re not raising rates — it’s 7.5% VAT implementation

Multichoice: We’re not raising rates — it’s 7.5% VAT implementation

Multichoice Nigeria says it will, from June 1, adjust subscription rates to reflect an increase in value-added tax from 5% to 7.5%. The 2020 finance act, which was signed into law in January and implementation began in February, raised VAT to ramp up the government's non-oil revenue. Nigerians had taken to social media on Thursday to express displeasure at the adjusted subscription [...]

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    COVID-19: MultiChoice announces N1.2bn package for Nigeria

COVID-19: MultiChoice announces N1.2bn package for Nigeria

MultiChoice Nigeria says it has put together a relief package of N1.2 billion to help fight the outbreak of COVID-19 in the country. In a statement issued on Wednesday, entertainment and media company announced a number of initiatives to support the efforts of the federal government as well as Lagos state. These include cash support of N200 million to the federal government and N50 million [...]

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    Mercy, BBNaija winner, receives N30m, SUV

Mercy, BBNaija winner, receives N30m, SUV

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    MultiChoice on xenophobia: Attacks on foreigners are against Africa’s unity

MultiChoice on xenophobia: Attacks on foreigners are against Africa’s unity

MultiChoice Africa, a multinational video entertainment company, has condemned the attacks on foreign nationals in South Africa. On Sunday, three people were reported killed and property destroyed in an attack on foreign nationals in the country, including those owned by Nigerians. The latest attack on Nigerians has sparked nationwide outrage with the federal government summoning Bobby Moroe, South Africa’s high commissioner to Nigeria. In a statement, John Ugbe, [...]

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    MultiChoice to lay off thousands of workers

MultiChoice to lay off thousands of workers

MultiChoice Africa, a multinational video entertainment company, has announced plans to restructure its customer service model, leading to the possible loss of over 2,000 jobs. The restructuring would create new opportunities for "multi-skilled employees with the expertise, skills and technological prowess to enhance the customer experience," Calvo Mawela, MultiChoice group chief executive, said in a statement on Friday. Mawela said the company [...]

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    GOtv Boxing Night to hold in Ibadan

GOtv Boxing Night to hold in Ibadan

The 18th edition of GOtv Boxing Night will hold in Ibadan, Oyo state capital, during the Easter celebrations. This was announced by the event organisers, FlyKite Productions, at a press conference in Lagos on Tuesday. The event scheduled for April 21 will hold at the indoor sports hall of the Obafemi Awolowo (formerly Liberty) Stadium. This is the third time the event will [...]

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    Naspers to dispose shares in Multichoice

Naspers to dispose shares in Multichoice

Naspers, South African broad-based multinational internet and media company, has announced plans to dispose of its shares in Multichoice. In a notice posted on its website, Naspers said it would list the company on the Johannesburg Stock Exchange. Multichoice is the owner of pay-TV service, DSTV. Naspers, who holds a 31% stake in Multichoice, said the shares of the new company will be given [...]

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    MultiChoice: CPC and child of a lesser god

MultiChoice: CPC and child of a lesser god

BY JUBRIL NAIYEJU It is a safe bet that most Nigerians would want prices of goods and services fixed for years and forever, even. An exception would be members of the moneyed class, who cannot be bothered whether or not prices stay the same and actually view paying eye-watering sums for products and services as a reflection of their status. The other [...]

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    MTN considering acquisition of MultiChoice Africa

MTN considering acquisition of MultiChoice Africa

Naspers Limited, parent company of MultiChoice Africa, is having discussions with MTN, South African telecommunications company, regarding the sale of the company. MultiChoice Africa is the franchise owner of DStv and GOtv. Bloomberg reports that the disposal of MultiChoice Africa will not affect the South African division of the TV network although the plans have not been made public. "A sale is one [...]

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    Shoprite: Growth has slowed down due to lack of retail space in Nigeria

Shoprite: Growth has slowed down due to lack of retail space in Nigeria

The management of Shoprite, popular South African retailer, says it will only open two stores in Nigeria over the next 15 months due to lack of retail space. Pieter Engelbrecht, the retailer's chief executive, told Reuters in an interview that it could have opened as much as 13 stores but for space constraint. "Look, at Nigeria with the new legislation there where [...]

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    We didn’t slash DStv bills by 20 percent, says MultiChoice

We didn’t slash DStv bills by 20 percent, says MultiChoice

MultiChoice Nigeria, a Pay-TV company, says it did not cut subscriptions by 20 percent in other countries of operations, while maintaining rates in Nigeria and South Africa. In a statement signed by Caroline Oghuma, public relations manager, DStv, the Pay-TV company said: "Over the last three weeks, there have been media reports purporting that MultiChoice effected a 20 per cent slash in [...]

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    Many lies about Pay-TV pricing in Nigeria

Many lies about Pay-TV pricing in Nigeria

BY OLALONPE AKINTEYE In life, making decisions based on wrong information, almost always, leads to wrong conclusions and dire outcomes. In the media, where I worked for quite a while, relying on wrong information is a basic ingredient for production of embarrassingly inaccurate or outright false reports. This may not be because the journalist is a fabulist by nature, but because he [...]

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    AMVCAs to honour African filmmakers for fifth consecutive year

AMVCAs to honour African filmmakers for fifth consecutive year

Africa Magic has announced a call for entries for the 2017 edition of the Africa Magic Viewers’ Choice Awards (AMVCA). The event which is scheduled to hold on March 3 and 4, 2017 marks the fifth consecutive year of the awards. For the 2017 edition, entries are being accepted for 27 categories while the Trail Blazer category is not up for competition. 16 of these categories [...]

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    Ighalo: My parents couldn’t afford DStv but I am now a MultiChoice ambassador

Ighalo: My parents couldn’t afford DStv but I am now a MultiChoice ambassador

Super Eagles and Watford striker, Odion Ighalo, has revealed that while growing up, he watched football matches at viewing centres because his parent could not afford to buy DStv. Speaking after being unveiled as an ambassador of MultiChoice Nigeria, the football star described his new deal as a “dream come true”. The endorsement deal was signed recently at the MultiChoice head office [...]

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