This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Imtiaz Patel: 'We anticipate MultiChoice will be a Top 40 JSE-listed company'

Loading player...

JOHANNESBURG — Naspers' announcement that it intends to separately list and unbundle its video entertainment business as MultiChoice Group on the JSE has been seen as Naspers' first step in unlocking its stock discount in relation to its 31% Tencent stake. While Netflix and Amazon are starting to eat MultiChoice's lunch in South Africa, MultiChoice is still not a bad business by any stretch. For the year ended March, it generated revenues of R47.1bn and trading profits of R6.1 bn. In this teleconference call, Naspers CEO Bob van Dijk along with Naspers Video Entertainment CEO, Imtiaz Patel, explain the rationale for the unbundling. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices

18 Sep 2018 3AM English South Africa Investing · Business News

Other recent episodes

Tender empire exposed after threat to kill women who said “No, thanks” | Juanita du Preez

In their latest chat, Chris Steyn and Juanita du Preez of Action Society talk about the video of the tenderpreneur threatening to kill women in the powder room of a Sandton restaurant after they turned down his advances. Transport Minister Barbara Creasy has now ordered an investigation into his tenders…

21 Sep 7AM 20 min

BN Daybreak: ANC ballot 'car crash'; Swimming SA sponsors; Rubio visa blunder; Buffett exits

Elections analyst Wayne Sussman tells Chris Steyn the local government poll is shaping up as a car crash for the ANC, which failed to submit any candidates in its Eastern Cape strongholds of Port St Johns and Ngquza Hill and lost proportional lists in Walter Sisulu and Sundays River Valley…

20 Sep 11PM 13 min

LGEs 2026: The ANC, DA, MKP, EFF, IFP, Freedom Front, Patriotic Alliance, ActionSA

In this edition of the NdB Sunday Show with Chris Steyn, Elections Analyst Wayne Sussman dissects the preparedness and likely outcome for South Africa’s top eight political parties ahead of the Local Government Elections in November. He predicts a “car crash” for President Cyril Ramaphosa’s ANC “going into the election…

20 Sep 3AM 24 min

Swimming SA saga: Officials suspended, champions unpaid, and sponsors watching closely

Swimming South Africa has two officials suspended, a high performance centre with more than R50 million unaccounted for, and an Olympic champion who says she waited over a year for prize money the federation then charged her interest on. So what does a sponsor actually do with that? Bank of…

18 Sep 11AM 32 min

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…

18 Sep 9AM 17 min

All episodes